STOCKMANN GROUP’S SALES IN AUGUST 2006

STOCKMANN plc STOCK EXCHANGE RELEASE September 11, 2006, at 11.15

STOCKMANN GROUP’S SALES IN AUGUST 2006

The Stockmann Group’s sales in August were EUR 111.8 million. Consolidated
sales, eliminating the Zara business in Russia that was divested as from
January 1, 2006, and the Stockmann Auto business that was transferred to
new owners on March 1, 2006, were up 5 per cent.

The clothing business suffered especially in Finland because the sales of
autumn collections did not get started due to the exceptionally warm
weather throughout August.

Sales by the Department Store Division were up 7 per cent. Sales remained
at the previous year’s level despite the new department store in the Jumbo
shopping centre, but the continued strong 35 per cent growth in sales
abroad led to a clear increase in total sales. In international operations
the like-for-like growth was strong in all market areas. Sales were
further lifted by the expansion of the Bestseller chain in Russia.

Hobby Hall’s sales rose by 7 per cent. Sales were up 6 per cent in Finland
and 12 per cent abroad.

Seppälä’s sales were down 4 per cent. Sales in Finland were down 14 per
cent while they were up 43 per cent abroad, thanks to the strong growth
especially in Russia, Latvia and Lithuania.

Sales figures in August and in January-August

August January-August January-
December
change change
2006 2005 perc. 2006 2005 perc. 2005
Me Me 06/05 Me Me 06/05 Me

Department Store 61.3 61.5 -0.3 495.2 467.4 6.0 797.1
Division, Finland
Department Store 20.3 15.0 35.3 170.7 131.2 30.1 227.0
Division,
international
operations*
Department Store 81.5 76.4 6.7 665.9 598.6 11.2 1 024.1
Division, total*
Stockmann Auto* 74.8 64.3 16.3 64.3
Hobby Hall, Finland 14.9 14.1 5.9 104.5 105.4 -0.9 176.5
Hobby Hall, 2.8 2.5 11.9 20.7 21.6 -4.3 34.0
international
operations
Hobby Hall, total 17.8 16.6 6.8 125.2 127.1 -1.5 210.5
Seppälä, Finland 9.3 10.8 -13.5 79.2 84.7 -6.5 132.4
Seppälä, international 3.1 2.2 42.9 21.3 13.5 57.3 22.9
operations
Seppälä, total 12.4 13.0 -4.1 100.5 98.2 2.3 155.2
Real estate + others 0.1 0.1 -11.3 0.6 0.6 3.4 0.9
Operations in Finland, 85.6 86.4 -1.0 754.4 722.4 4.4 1 171.2
total*
International 26.2 19.6 33.2 212.6 166.4 27.8 283.9
operations, total*
Stockmann total* 111.8 106.1 5.4 967.0 888.8 8.8 1 455.1

* The figures for 2005 do not include the Zara business in Russia that was
sold at the turn of the year nor the March-December sales by the Stockmann
Auto division that was divested at the beginning of March 2006. If the
sales in 2005 by Zara Russia and Stockmann Auto are included in the
comparison figures, the change of sales in per cent was:

August January-August
2006 2006
change change
perc. perc.
Department Store Division, 3.3 10.4
international operations
Department Store Division, total 0.6 7.0
Operations in Finland, total -28.2 -19.8
International operations, total 7.7 12.0
Stockmann total -22.1 -14.5

STOCKMANN plc

Hannu Penttilä
CEO

DISTRIBUTION
Helsinki Stock Exchange
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