Lindex Group

Earnings Release • Jun 9, 2010

Disclosure 279301

Stockmann - Company Announcement

STOCKMANN GROUP'S REVENUE IN MAY 2010

STOCKMANN plc Company Announcement 9.6.2010 at 10.45 STOCKMANN GROUP'S REVENUE IN MAY 2010 In May, the Stockmann Group's revenue (exclusive of VAT) exclusive of Hobby Hall's discontinued operations abroad amounted to EUR 141.6 million, up 3.3 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 was on a par with the previous year. Revenue was on a par with the previous year in Finland and increased by 2.3 per cent abroad. Revenue declined in the Baltic department stores but increased by 14 per cent in Russia. Thanks to a healthy stock level, price driven campaigns were considerably smaller than in May 2009. Lindex's revenue increased by 7.6 per cent. Revenue in Finland increased by 3.4 per cent and revenue abroad was up by 8.2 per cent. Seppälä's revenue increased by 5.7 per cent, up 3.7 per cent in Finland and 10.5 per cent abroad. One seasonal element that affected the sales of all divisions in May was the school year ending taking place in June, one week later than in 2009. Revenue (exclusive of VAT) in May May January-May 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 59.9 60.0 -0.2 318.9 307.4 3.7 785.8 Division, Finland Department Store 17.3 16.9 2.3 100.6 95.2 5.7 235.8 Division, international operations Department Store 77.2 76.9 0.4 419.5 402.7 4.2 1 021.5 Division, total Lindex, Finland 6.5 6.3 3.4 24.8 23.6 5.3 65.8 Lindex, 44.4 41.0 8.2 186.6 164.6 13.4 461.3 international operations Lindex, total 50.9 47.3 7.6 211.4 188.1 12.4 527.0 Seppälä, Finland 9.2 8.9 3.7 36.3 34.6 4.8 94.3 Seppälä, 4.2 3.8 10.5 19.2 17.1 12.4 45.2 international operations Seppälä, total 13.4 12.7 5.7 55.5 51.7 7.3 139.5 Real estate + 0.0 0.0 0.2 0.3 0.6 others Operations in 75.6 75.2 0.6 380.2 365.9 3.9 946.4 Finland, total International 65.9 61.8 6.7 306.4 276.9 10.7 742.2 operations, total Stockmann total, 141.6 137.0 3.3 686.6 642.8 6.8 1 688.6 continuing operations Closed operations: 0.0 1.6 0.0 8.1 9.9 Hobby Hall, international operations Stockmann total 141.6 138.6 2.2 686.6 650.8 5.5 1 698.5 STOCKMANN plc Hannu Penttilä CEO DISTRIBUTION NASDAQ OMX Principal media