*SHARES SUBSCRIBED WITH WARRANTS: STOCKM

HEX HELSINKI SECURITIES EXCHANGE RELEASE 324/2003
SHARES 28 November 2003

SHARES SUBSCRIBED WITH WARRANTS: STOCKMANN PLC

A total of 1 037 246 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 1 December 2003.

Identifiers of Stockmann Oyj Abp’s B-share:

Trading code: STOBV
ISIN code: FI0009000251
Number of shares: 27 887 648

HELSINKI EXCHANGES
Pekka Peiponen