Sales development, January

Turnover for the H&M Group increased in January 2003 by 18 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
March 27 16
April 15 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 February will be published together with the first quarter results on 26 March 2003 at 8.30 CET.

Rolf Eriksen
Managing Director

Contact persons:

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