Lindex Group

Earnings Release • May 12, 2008

Disclosure 258732

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