Stockmann - Company Announcement

STOCKMANN GROUP'S REVENUE IN SEPTEMBER 2010

STOCKMANN plc
Company Announcement
12.10.2010 at 9.30

STOCKMANN GROUP'S REVENUE IN SEPTEMBER 2010

In September, the Stockmann Group's revenue (exclusive of VAT) exclusive
of Hobby Hall's discontinued operations abroad amounted to EUR 144.4
million, up 9.5 per cent.

Since the beginning of 2010, Hobby Hall has been a part of the Department
Store Division. The Department Store Division's revenue includes Hobby
Hall's figures, and the comparison figures have been adjusted accordingly.
The Department store Division's revenue increased by 12.3 per cent, up
10.9 per cent in Finland and up 17.2 per cent abroad. Revenue increased in
all markets abroad but the growth was strongest in Russia where the euro-
denominated revenue increased by 23 per cent.

Lindex's euro-denominated revenue increased by 7.6 per cent, up 1.4 per
cent in Finland and up 8.4 per cent abroad. Development in the new markets
in Russia and the Czech Republic continued to be strong.

Seppälä's revenue decreased by 1.8 per cent. Revenue was down 4.7 per cent
in Finland and up 3.9 per cent abroad.

The Stockmann Group's preliminary revenue in the third quarter (July-
September) increased by 8 per cent.

Revenue (exclusive of VAT) in September

                         September         January-September      January-
                                                                  December
                     2010   2009 change     2010     2009 change      2009
                      EUR    EUR  perc.      EUR      EUR  perc.       EUR
                    mill.  mill.  10/09    mill.    mill.  10/09     mill.
Department Store     63.3   57.1   10.9    551.8    528.5    4.4     785.8
Division, Finland
Department Store     19.4   16.6   17.2    174.8    160.6    8.9     235.8
Division,
international
operations
Department Store     82.7   73.7   12.3    726.7    689.1    5.4   1 021.5
Division, total
Lindex, Finland       5.5    5.4    1.4     48.9     47.7    2.5      65.8
Lindex,              45.7   42.2    8.4    364.3    324.0   12.4     461.3
international
operations
Lindex, total        51.2   47.6    7.6    413.1    371.7   11.2     527.0
Seppälä, Finland      6.8    7.1   -4.7     68.8     67.4    2.0      94.3
Seppälä,              3.7    3.5    3.9     36.5     33.7    8.5      45.2
international
operations
Seppälä, total       10.4   10.6   -1.8    105.3    101.1    4.2     139.5
Real estate +         0.0    0.0             0.0      0.4              0.6
others
Operations in        75.6   69.7    8.6    669.5    644.0    4.0     946.4
Finland, total
International        68.8   62.3   10.5    575.6    518.3   11.1     742.2
operations, total
Stockmann total,    144.4  131.9    9.5  1 245.1  1 162.3    7.1   1 688.6
continuing
operations
Closed operations:    0.0    0.0             0.0      9.9              9.9
Hobby Hall,
international
operations
Stockmann total     144.4  131.9    9.5  1 245.1  1 172.2    6.2   1 698.5


STOCKMANN plc

Hannu Penttilä
CEO


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