STOCKMANN GROUP’S SALES IN JULY 2003

STOCKMANN plc STOCK EXCHANGE BULLETIN August 12, 2003, 12.45 p.m.

STOCKMANN GROUP’S SALES IN JULY 2003

In July, the Stockmann Group’s sales were up 5 per cent and amounted to
EUR 119.1 million. The best growth was again reported by the Vehicle
Division whose sales were up 17 per cent. Sales by the Department Store
Division grew by 1 per cent. Compared with last year, the department
stores in Finland carried out a larger share of the season’s clothes
bargain sales already in June. Sales by Hobby Hall were on a par with the
previous year and sales by Seppälä were down 1 per cent. At Seppälä, the
volume of goods at bargain sales was clearly smaller than last year.

Sales figures in July and in January-July

July January-July 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 59.2 58.6 101 441.8 428.4 103 811.1
Division
Vehicle Division 36.8 31.5 117 287.3 228.5 126 398.9
Hobby Hall 10.3 10.3 100 121.6 123.7 98 237.1
Seppälä 12.7 12.9 99 69.6 72.4 96 132.7
Real Estate+others 0.1 0.2 0.5 0.8 2.5
Stockmann total 119.1 113.5 105 920.7 853.8 108 1 582.3

STOCKMANN plc

Hannu Penttilä
CEO

DISTRIBUTION
Helsinki Exchanges
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