THE STOCKMANN GROUP’S SALES IN MAY 2005

STOCKMANN plc STOCK EXCHANGE RELEASE June 9, 2005, at 9.30

THE STOCKMANN GROUP’S SALES IN MAY 2005

The Stockmann Group’s sales in May were EUR 142.7 million, up 2.1 per cent
on last year’s figure.

The best sales increase in May was reported by Seppälä, up 12 per cent.
The division has succeeded very well the whole first part of the year.
Growth in Finland was 8 per cent as against 44 per cent abroad. The strong
growth in Seppälä’s sales abroad was attributable to the growth of the
store network in the Baltic countries and in Russia as well as the sound
increase in the like-for-like sales in the international market areas.

The Department Store Division’s sales in May were up 8 per cent. Sales in
Finland grew by 3 per cent as against 34 per cent abroad. The strong
increase in sales outside Finland was due to the growth of the network of
stores in Russia, the new department store that was opened in Moscow in
December as well as the sound like-for-like growth in all the
international market areas.

Stockmann Auto’s total sales were down 6 per cent on the previous year.
The decrease in sales was due entirely to the transfer of the Volkswagen-
Audi dealership in Herttoniemi to Kesko Corporation as from July 1, 2004.
Comparable sales, stripping out the Herttoniemi dealership, grew by 20 per
cent.

Hobby Hall’s sales were down 10 per cent on the previous year. Sales
decreased by 6 per cent in Finland and by 34 per cent abroad. The decrease
in sales was attributable to a change in the timing of campaigns both in
Finland and abroad as well as the withdrawal from the Lithuanian market
during the first part of the year.

Sales figures in May and in January-May

May January-May January-
December
2005 2004 Ind. 2005 2004 Ind. 2004
Me Me 05/04 Me Me 05/04 Me

Department Store 56.0 54.6 103 296.7 282.5 105 746.1
Division, Finland
Department Store 18.3 14.0 131 96.1 64.7 148 192.7
Division,
international
operations
Department Store 74.3 68.6 108 392.7 347.3 113 938.8
Division, total
Stockmann Auto* 38.9 41.3 94 176.3 200.0 88 437.1
Hobby Hall, Finland 14.0 14.8 94 74.0 74.9 99 180.4
Hobby Hall, 2.0 3.0 66 16.4 16.3 100 34.0
international
operations
Hobby Hall, total 16.0 17.9 90 90.4 91.3 99 214.4
Seppälä, Finland 11.7 10.8 108 48.6 45.9 106 128.3
Seppälä, 1.7 1.2 144 7.4 4.9 152 15.4
international
operations
Seppälä, total 13.4 12.0 112 56.1 50.8 110 143.7
Real estate + 0.1 0.1 0.4 0.4 0.9
others
Operations in 120.7 121.6 99 596.0 603.7 99 1 492.8
Finland, total
International 22.0 18.2 121 119.9 86.0 139 242.1
operations, total
Stockmann total* 142.7 139.9 102 716.0 689.7 104 1 735.0

* With the elimination of the sales by the unit transferred to Kesko on
July 1, 2004, from Stockmann Auto’s comparison figure for 2004, the
division’s sales in January-May were up 11 per cent and the consolidated
sales were up 10 per cent.

STOCKMANN plc

Hannu Penttilä
CEO

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