*SHARES SUBSCRIBED WITH WARRANTS: STOCKM

HEX HELSINKI SECURITIES EXCHANGE RELEASE 301/2003
SHARES 14 November 2003

SHARES SUBSCRIBED WITH WARRANTS: STOCKMANN PLC

A total of 71 750 B-shares have been subscribed with the
warrants attached to Stockmann Plc’s 1997 bond with warrant.
The shares will be traded on Helsinki Exchanges as old shares as
of 17 November 2003.

Identifiers of Stockmann Oyj Abp’s B-share:

Trading code: STOBV
ISIN code: FI0009000251
Number of shares: 26 850 402

HELSINKI EXCHANGES
Pekka Peiponen