STOCKMANN GROUP?S SALES IN JUNE 2003

STOCKMANN plc STOCK EXCHANGE BULLETIN July 9, 2003, 11. a.m. 1(1)

STOCKMANN GROUP’S SALES IN JUNE 2003

In June, the Stockmann Group’s sales were up 7 per cent and amounted to
EUR 122.6 million. Sales by the Department Store Division grew by 9 per
cent and the growth was strong especially in Finland. The development of
the exchange rate of the US dollar has retarded the growth of the euro-
denominated sales in Russia during the first part of the year. Sales by
the Vehicle Division continued to grow in June and were 12 per cent up on
the previous year. Sales by Hobby Hall were 2 per cent and sales by
Seppälä 8 per cent down on June 2002.

Sales figures in June and in January-June

June January-June January-
December
2003 2002 Ind. 2003 2002 Ind. 2002
EUR EUR 03/02 EUR EUR 03/02 EUR
mill. mill. mill. mill. mill.

Department Store 56.7 52.2 109 382.6 369.8 103 811.1
Division
Vehicle Division 41.4 36.9 112 250.5 197.0 127 398.9
Hobby Hall 13.6 13.9 98 111.3 113.3 98 237.1
Seppälä 10.8 11.8 92 56.8 59.5 96 132.7
Real Estate+others 0.1 0.3 0.4 0.6 2.5
Stockmann total 122.6 115.0 107 801.6 740.3 108 1 582.3

STOCKMANN plc

Hannu Penttilä
CEO

DISTRIBUTION
Helsinki Exchanges
Principal media