Sales development, November

Turnover for the H&M Group increased in November 2002 by 14 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 16
September 22 34 8
October 5 18 26
November 8 20 14
Whole year 12 20 14

Sales development in the month of December will be published together with the full year results on 29 January 2003 at 8.30 CET.

Rolf Eriksen
Managing Director

Contact persons:

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