Sales development, July

Turnover for the H&M Group increased in July 2002 by 18 per cent compared with the corresponding period last year.

Sales increase per month in per cent excluding currency rate changes:

1999/2000 2000/2001 2001/2002

December 19 7 10
January 13 22 8
February 27 16 16
March 5 27 16
April 18 15 12
May 15 20 11
June 7 21 19
July 10 18 18
August 3 26
September 22 34
October 5 18
November 8 20
Whole year 12 20

Sales development in the month of August will be published together with the nine months report on 19 September 2002 at 8.30 CET.

Rolf Eriksen
Managing Director

Contact persons:

Carl-Henric Enhörning +46-8-796 5410
Leif Persson +46-8-796 1300