Stockmann - Company Announcement

STOCKMANN GROUP'S REVENUE IN OCTOBER 2010

STOCKMANN plc
Company Announcement
10.11.2010 at 9.00

STOCKMANN GROUP'S REVENUE IN OCTOBER 2010

In October, the Stockmann Group's revenue (exclusive of VAT) exclusive of
Hobby Hall's discontinued operations abroad amounted to EUR 195.5 million,
up 8.0 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 11.1 per
cent, up 7.6 per cent in Finland and up 21.0 per cent abroad. There was a
clear increase in the revenue of the department stores in the Baltic
countries and Russia and the important Crazy Days marketing campaign set
new sales records in all markets.

Lindex's euro-denominated revenue increased by 3.4 per cent, up 1.3 per
cent in Finland and 3.7 per cent abroad. Development in the new markets in
Russia and the Czech Republic continued to be strong.

Seppälä's revenue decreased by 3.1 per cent. Revenue was down by 5.5 per
cent in Finland and up 1.4 per cent abroad.

Revenue (exclusive of VAT) in October

                          October           January-October       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     95.2   88.4    7.6    647.0    615.9    5.0     785.8
Division, Finland
Department Store     36.9   30.5   21.0    211.9    192.1   10.3     235.8
Division,
international
operations
Department Store    132.1  119.0   11.1    858.9    808.1    6.3   1 021.5
Division, total
Lindex, Finland       5.6    5.5    1.3     54.5     53.1    2.6      65.8
Lindex,              46.1   44.5    3.7    410.4    368.5   11.4     461.3
international
operations
Lindex, total        51.7   50.0    3.4    464.9    421.6   10.3     527.0
Seppälä, Finland      7.4    7.8   -5.5     76.2     75.2    1.2      94.3
Seppälä,              4.3    4.2    1.4     40.8     37.9    7.7      45.2
international
operations
Seppälä, total       11.7   12.0   -3.1    117.0    113.1    3.4     139.5
Real estate +         0.0    0.1             0.0      0.5              0.6
others
Operations in       108.2  101.8    6.2    777.7    744.7    4.4     946.4
Finland, total
International        87.3   79.2   10.2    663.1    598.5   10.8     742.2
operations, total
Stockmann total,    195.5  181.1    8.0  1 440.8  1 343.3    7.3   1 688.6
continuing
operations
Closed operations:    0.0    0.0             0.0      9.9              9.9
Hobby Hall,
international
operations
Stockmann total     195.5  181.1    8.0  1 440.8  1 353.2    6.5   1 698.5


STOCKMANN plc

Hannu Penttilä
CEO


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