STOCKMANN plc: EXERCISE OF SHARE OPTIONS 2000

During the period March 14 – April 1, 2007, a total of 220 709 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
company’s Board of Directors approved the subscriptions in its meeting on
April 26, 2007. The corresponding increase in the Company’s share capital
was EUR 441 418.

As a result of these increases, Stockmann plc’s share capital now totals
EUR 112 187 224 and the total number of Series B shares in issue is
31 529 369. The number of Series A shares is 24 564 243. The new shares
were registered on May 14, 2007. They will be listed on the Helsinki
Exchanges together with the old shares on May 15, 2007.

A total of 2 500 000 new Series B shares with a par value of EUR 2.00
could be subscribed for with the 2000 A, B and C share options listed on
the Helsinki Exchanges. During the subscription period, the options were
exercised for a total of 2 499 800 series B shares. After the deduction of
the dividend paid for the financial year 2006 the subscription price with
option A was EUR 11.55, the subscription price with option B was EUR 12.55
and the subscription price with option C was EUR 13.55.

The subscription period for shares with the share options 2000 expired on
April 1, 2007.

STOCKMANN plc

Hannu Penttilä
CEO

DISTRIBUTION
Helsinki Stock Exchange
Principal media