H&M GROUP SALES DEVELOPMENT IN DECEMBER

In the month of December 2007, sales in local currencies including VAT increased by 10 per cent compared to December previous year.

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

2004/05 2005/06 2006/07 2007/08

December 13 14(4) 16(5) 10(-1)
January 5 15(5) 16(5)
February 6 11(2) 15(5)
March 20 0(-8) 29(17)
April 15 9(1) 21(8)
May 18 13(5) 10(-2)
June 18 9(1) 17(5)
July 12 11(2) 14(2)
August 17 15(5) 11(-1)
September 7 9(0) 25(12)
October 10 12(3) 15(3)
November 11 11(2) 14(1)

Whole year 13 11(2) 17(5)

The figure in parenthesis represents the sales development in comparable H&M units. Comparable units mean the stores and the internet and catalogue sales countries that have been in operation for at least a financial year. H&M’s financial year extends from
1 December to 30 November.

The number of stores amounted to 1,525 on 31 December 2007 versus 1,347 on 31 December 2006.

Sales development in the month of January will be published on Friday 15 February 2008 at 8.00 CET.

Rolf Eriksen, Managing Director