Stockmann - Company Announcement

STOCKMANN GROUP SALES DOUBLED IN APRIL 2008

STOCKMANN plc
Company Announcement
12.5.2008 at 10.00

STOCKMANN GROUP SALES DOUBLED IN APRIL 2008

As previously announced, Stockmann Group's sales developed extremely well
in April. Group sales increased by 100 per cent to EUR 222.5 million. The
reasons for strong growth were including Lindex's sales figures in the
Stockmann Group's sales, deferring the Crazy Days campaign from March to
April in the Finnish department stores, Easter's calendar effect and good
sales development in all business divisions.

Sales of the Department Store Division increased by 52 per cent. Sales
were up 77 per cent in Finland and 13 per cent abroad. The Crazy Days
campaign made again new sales records in all markets.

Hobby Hall's sales grew by 53 per cent, 47 per cent in Finland and 82 per
cent abroad. For the first month after placing the new ERP system in
operation in April 2007, Hobby Hall's sales performance was comparable
with the previous year's figures.

Seppälä's sales increased by 15 per cent, 7 per cent in Finland and 34 per
cent abroad.

Also Lindex's sales increased in all markets.


Sales figures in April

                           April             January-April        January-
                                                                  December
                                 change                   change          
                     2008   2007  perc.     2008     2007  perc.      2007
                      EUR    EUR  08/07      EUR      EUR  08/07       EUR
                    mill.  mill.           mill.    mill.            mill.
Department Store     94.8   53.5   77.1    280.8    265.2    5.9     871.8
Division, Finland
Department Store     38.0   33.6   12.9    127.8    103.2   23.9     346.3
Division,
international
operations
Department Store    132.8   87.2   52.3    408.7    368.4   10.9   1 218.1
Division, total
Lindex, Finland       6.2                   21.5                       7.3
Lindex,              51.1                  174.1                      60.8
international
operations
Lindex, total        57.3                  195.6                      68.1
Hobby Hall, Finland  15.5   10.5   46.7     54.3     55.0   -1.3     168.5
Hobby Hall,           4.0    2.2   82.1     12.6     13.3   -5.8      38.0
international
operations
Hobby Hall, total    19.4   12.7   52.8     66.8     68.3   -2.2     206.5
Seppälä, Finland      8.5    7.9    7.3     31.6     33.0   -4.3     123.1
Seppälä,              4.4    3.3   34.0     17.1     12.8   32.8      51.6
international
operations
Seppälä, total       13.0   11.3   15.2     48.7     45.9    6.1     174.7
Real estate +         0.1    0.1  -12.1      0.3      0.3   -8.1       0.8
others
Operations in       125.0   72.1   73.4    388.5    353.5    9.9   1 171.5
Finland, total
International        97.5   39.1  149.3    331.6    129.4  156.3     496.8
operations, total
Stockmann total     222.5  111.2  100.1    720.0    482.9   49.1   1 668.3

Sales by Lindex reported as from December 6, 2007.


STOCKMANN plc

Hannu Penttilä
CEO


DISTRIBUTION
OMX Nordic Exchange Helsinki
Principal media