Stockmann - Company Announcement

Stockmann Group's sales in October 2016

STOCKMANN plc, Company Announcement 10.11.2016 at 11:00 EET

The Stockmann Group's sales in October were down by 7.2 per cent and amounted to
EUR 125.1 million in continuing product areas and businesses.

Stockmann Retail's sales in continuing product areas and businesses were down by
7.7 per cent. Sales were down by 9.2 per cent in Finland, but up 0.8 per cent in
the Baltic countries. The Tallinn department store achieved the best sales
development of all the stores in October.

Lindex's sales were down by 6.0 per cent at comparable exchange rates. Sales
grew in Baltic countries and Central Europe, but declined in other markets. Euro
-denominated sales were down by 6.6 per cent.

Sales (exclusive of VAT) in October

                     10/2016  Change-%*  1-10/2016  Change-%*
                   EUR mill.             EUR mill.
Stockmann Retail,       60.4       -9.2      359.7      -10.6
Finland
Stockmann Retail,       11.9        0.8       70.1       -2.7
international
operations
Stockmann Retail,       72.4       -7.7      429.8       -9.4
total
Lindex, total           52.8       -6.6      511.1       -0.2
Group, Finland,         66.2       -8.6      416.9       -9.4
total
Group,                  59.0       -5.6      524.1       -0.4
international
operations, total
Stockmann Group,       125.1       -7.2      941.0       -4.6
total*

*Continuing product areas and businesses i.e. excluding Russian retail
operations, Seppälä, Hobby Hall, Stockmann Beauty, the airport store and the
product areas the company has withdrawn from in department stores (electronics,
books, sports equipment, toys and pet supplies).

Stockmann’s total sales in October 2016 were EUR 131.8 million, including Hobby
Hall. In October 2015, sales were EUR 170.2 million, including also Russian
retail operations and discontinued product areas in department stores.

Change-%: change compared with the corresponding period of the previous year.
The Group's sales figures include merchandise sales exclusive VAT in stores and
department stores. The figures do not include other operating income such as
rental income or service fees.

Further information:
Lauri Veijalainen, CEO, tel. +358 9 121 5062
Nora Malin, Director, Corporate Communications, tel. +358 9 121 3558

www.stockmanngroup.com

STOCKMANN plc

Nora Malin
Director, Corporate Communications

Distribution:
Nasdaq Helsinki
Principal media