JUSSI KUUTSA TO LEAVE STOCKMANN IN AUTUMN 2010


STOCKMANN plc                                                                   
Investor News                                                                   
18.12.2009                                                                      

JUSSI KUUTSA TO LEAVE STOCKMANN IN AUTUMN 2010                                  

Jussi Kuutsa, Development Director for the Stockmann Group's international      
operations and member of the Group's Management Committee, has decided to resign
from his present duties in order to take up a post at SRV Group, where he will  
be Country Manager, Russia as of 1 August 2010. Stockmann and SRV have agreed   
that despite his change of employer, Kuutsa will retain responsibility for the  
inauguration of the Nevsky Centre shopping centre and department store property,
which is Stockmann's major investment project currently under construction in St
Petersburg. The intention is to open the property for commercial use in         
mid-November 2010.                                                              


STOCKMANN plc                                                                   

Juhana Häme                                                                     
Manager, Corporate Communications                                               

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