STOCKMANN SOLD THE REAL ESTATE HOUSING SEPPÄLÄ’S HEAD OFFICE

STOCKMANN plc PRESS RELEASE NOVEMBER 30, 2005, at 15.15

STOCKMANN SOLD THE REAL ESTATE HOUSING SEPPÄLÄ’S HEAD OFFICE

In line with the company’s strategy aiming at freeing up capital,
Stockmann has sold the shares of the real estate company owned by
Stockmann and used by Seppälä at a price topping EUR 10 million to Varma
Mutual Pension Insurance Company. At the same time, Stockmann has taken
the sold premises on a long-term lease from the new owner for the use of
Seppälä.

STOCKMANN plc

Hannu Penttilä
CEO

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Helsinki Stock Exchange
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