H&M’s Nomination Committee recommends election of Karl-Johan Persson and Lottie Knutson as new Directors of the Board of Directors

The Nomination Committee has informed H & M Hennes & Mauritz AB that it recommends the number of directors to be elected by the Annual General Meeting on May 3 2006 be eight and one deputy director.

The Nomination Committee recommends Karl-Johan Persson and Lottie Knutson to be elected as new members of the Board of Directors and recommends the re-election of the current directors; Fred Andersson, Sussi Kvart, Bo Lundquist, Stig Nordfelt, Melker Schörling and deputy member Rolf Eriksen. In addition, it recommends the re-election of Stefan Persson as Chairman of the Board.

Werner Hofer and deputy director Jan Jacobsen has declined re-election.

Karl-Johan Persson was born in 1975 and works with business development at
H & M Hennes & Mauritz AB. He has board assignments in H&M’s subsidiaries in Denmark, the USA, the UK and Germany. Shareholding in H&M: 6,066,000.

Lottie Knutson was born in 1964 and is Communications Director at Fritidsresor Group,
TUI Nordic, with responsibility for communications, environment and social responsibility.

The Nomination Committee comprises: Stefan Persson, Lottie Tham, Mats Lagerqvist representing Robur fonder, Thomas Nicolin representing Alecta, Magnus Wärn representing AMF Pension and Peter Rudman representing Nordeas fonder.

The notice to the Annual General Meeting on 3 May 2006 will be published in Svenska Dagbladet, Dagens Nyheter, Post- och Inrikes Tidningar and Affärsvärlden.

The Nomination Committee