STOCKMANN plc: EXERCISE OF SHARE OPTIONS 2000

STOCKMANN plc STOCK EXCHANGE ANNOUNCEMENT June 29, 2006, at 10.30

STOCKMANN plc: EXERCISE OF SHARE OPTIONS 2000

A total of 201 100 Stockmann plc Series B shares with a par value of EUR 2.00
have been subscribed for as a result of an exercise of the Company’s share
options 2000. The corresponding increase in the Company’s share capital was EUR
402 200.

A total of 2 500 000 new Series B shares with a par value of EUR 2.00 can be
subscribed for with the 2000 A, B and C share options listed on the Helsinki
Exchanges. The subscription price with option A is now EUR 12.85, the
subscription price with option B is EUR 13.85 and the subscription price with
option C is EUR 14.85 per share. The eventual dividends payable annually are
deducted from the subscription price. The subscription period for shares with
the
share options 2000 will expire on April 1, 2007.

As a result of these increases, Stockmann plc’s share capital now totals EUR 109
536 384 and the total number of Series B shares in issue is 30 203 949. The
shares were registered on June 29, 2006. They will be listed on the Helsinki
Exchanges together with the old shares on June 30, 2006.

STOCKMANN plc

Hannu Penttilä
CEO

DISTRIBUTION
Helsinki Stock Exchange
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