H&M GROUP SALES DEVELOPMENT IN MAY

In the month of May 2009, sales in local currencies including VAT were unchanged compared to May previous year. Sales in May have been negatively affected by calendar effects of approximately 4-5 percentage units.

Sales increase per month in per cent excl. currency rate changes:

2005/06 2006/07 2007/08 2008/09
December 14(4) 16(5) 10(-1) 3(-7)
January 15(5) 16(5) 17(3) 9(-1)
February 11(2) 15(5) 24(10) 1(-8)
March 0(-8) 29(17) 3(-8) 6(-3)
April 9(1) 21(8) -1(-10) 19(8)
May 13(5) 10(-2) 25(14) 0(-9)
June 9(1) 17(5) 8(-2)
July 11(2) 14(2) 15(3)
August 15(5) 11(-1) 8(-3)
September 9(0) 25(12) 10(-2)
October 12(3) 15(3) 9(-2)
November 11(2) 14(1) 7(-4)

Whole year 11(2) 17(5) 11(-1)

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 is 1 December to 30 November.

The number of stores amounted to 1,822 on 31 May 2009 versus 1,593 on 31 May 2008.

Sales development in the month of June will be published on Wednesday 15 July 2009 at 08.00 CET.

Rolf Eriksen, Managing Director