Press release

Sales development, April

Turnover for the H&M Group increased in April 2003 by 12 per cent compared with the corresponding period last year.

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

2000/01 2001/02 2002/03

December 7 10 16
January 22 8 18
February 16 16 10
March 27 16 8
April 15 12 12
May 20 11
June 21 19
July 18 18
August 26 16
September 34 8
October 18 26
November 20 14
Whole year 20 14

Sales development in the month of May will be published together with the half- year report on 18th June 2003 at 8.30 CET.

Rolf Eriksen
Managing Director

Contact persons:

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