STOCKMANN GROUP’S SALES IN OCTOBER 2003

STOCKMANN plc STOCK EXCHANGE RELEASE October 5, 2003, 9.00 a.m.

STOCKMANN GROUP’S SALES IN OCTOBER 2003

In October, the Stockmann Group’s sales were up 10 per cent and totalled
EUR 171.7 million. The sales by all the divisions grew. The best growth
was reported by Seppälä whose sales were up 14 per cent. Seppälä’s sales
grew clearly both in Finland and abroad where four new stores were opened
in September-October in a new market area, Riga in Latvia. Both the
Department Store Division’s and the Vehicle Division’s sales grew by 11
per cent, and Hobby Hall’s sales were up 3 per cent. The Department Store
Division’s Crazy Days campaign was a success and reached again new sales
records both in Finland and Estonia. The division’s ninth full-scale
department store was opened in Riga on October 17.

Sales figures in October and in January-October

October January-October 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 94.9 85.4 111 669.9 638.5 105 811.1
Division
Vehicle Division 42.7 38.5 111 408.2 334.0 122 398.9
Hobby Hall 21.2 20.7 103 186.9 187.6 100 237.1
Seppälä 12.8 11.3 114 102.2 104.1 98 132.7
Real Estate+others 0.1 0.0 0.7 1.3 2.5
Stockmann total 171.7 155.9 110 1 367.9 1 265.5 108 1 582.3

STOCKMANN plc

Hannu Penttilä
CEO

DISTRIBUTION
Helsinki Exchanges
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