STOCKMANN plc: EXERCISE OF LOYAL CUSTOMER SHARE OPTIONS

STOCKMANN plc
Company Announcement
26.6.2008 at 9.45

STOCKMANN plc: EXERCISE OF LOYAL CUSTOMER SHARE OPTIONS

During the share subscription period from May 2, 2008, to May 31, 2008, a
total of 364 Stockmann plc Series B shares with a par value of EUR 2.00
were subscribed for as a result of an exercise of its Loyal Customer share
options. The corresponding increase in the Company’s share capital was
EUR 728.

As a result of the increase, Stockmann plc’s share capital now totals EUR
112,187,952 and the total number of Series B shares in issue is
31,529,733. The shares were registered in the Trade Register on June 26,
2008, and they become subject to trade on the share list of OMX Nordic
Exchange Helsinki together with the old shares on June 27, 2008.

In the spring 2008, a total of 1,373,846 Stockmann plc’s Loyal Customer
share options were subscribed. As a result of the exercise of the Loyal
Customer share options not yet exercised, a total of 1,373,482 Series B
shares with a par value of EUR 2 can be subscribed, deviating from the
subscription right of the shareholders. The corresponding increase in the
Company’s share capital can amount to EUR 2,746,964 at the most. The
subscription price is EUR 33.35 less the amount of dividend per share
after the end of the determination period (1 February – 28 February 2006).
This year the subscription price was EUR 29,60. The future subscription
periods for shares with the Loyal Customer share options are May 4 – May
31, 2009 and May 2 – May 31, 2010.

STOCKMANN plc

Hannu Penttilä
CEO

DISTRIBUTION
OMX Nordic Exchange Helsinki
Principal media