Stockmann - Major shareholder announcements

Notification of a change in holdings under chapter 9, section 10 of the Finnish Securities Market act

STOCKMANN plc, Major shareholders announcements 25.11.2016 at 12:30

Stockmann has been notified that the holdings of Varma Mutual Pension Insurance
Company’s (business identity code 0533297-9) voting rights of Stockmann plc’s
shares have increased above 5 per cent in connection with a purchase of shares
on 24 Nobember 2016.

1. Name of the target company: Stockmann plc

2. Date of the change in holdings: 24 November 2016

3. Exact share of Stockmann's share capital and votes after the transaction:

        Number of     Percentage            Percentage
       shares A+B  of the shares  of the voting rights
Varma   6.109.508           8.48                  5.03

The ownership is divided into two share series so that the number of Series A
shares is 1.257.745 and the number of Series B shares is 4.851.763.

Further information:
Jukka Naulapää, Director, Legal affairs, tel. +358 9 121 3850

www.stockmanngroup.com

STOCKMANN plc

Lauri Veijalainen
CEO

Distribution:
Nasdaq Helsinki
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