Stockmann - Company Announcement

STOCKMANN'S BOARD WILL NOT USE THE AUTHORIZATION ON THE PAYMENT OF A DIVIDEND

STOCKMANN plc                                                                   
Company Announcement                                                            
14.12.2009 at 12.15                                                             

STOCKMANN'S BOARD WILL NOT USE THE AUTHORIZATION ON THE PAYMENT OF A DIVIDEND   

Stockmann's Annual General Meeting held on 17 March 2009 authorized the Board of
Directors to decide by 31 December 2009 on the payment of a dividend of no more 
than EUR 0.38 per share, in addition to the dividend decided by the Annual      
General Meeting. In the meeting held today, 14 December 2009, Stockmann's Board 
of Directors decided not to use the granted authorization.                      


STOCKMANN plc                                                                   

Hannu Penttilä                                                                  
CEO                                                                             


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NASDAQ OMX                                                                      
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