Lindex Group

Earnings Release • Oct 12, 2010

Disclosure 281575

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 DISTRIBUTION NASDAQ OMX Principal media