Sales development, November

Turnover for the H&M Group increased in November 2001 by 20 per cent compared with the corresponding period last year. The sales increase is reported excluding currency rate changes. Sales increase per month in per cent:

1998/1999 1999/2000 2000/2001

December 22 19 7
January 21 13 22
February 17 27 16
March 42 5 27
April 23 18 15
May 23 15 20
June 33 7 21
July 19 10 18
August 24 3 26
September 7 22 34
Oktober 23 5 18
November 23 8 20
Whole year 23 12 20

Sales development in the month of December is estimated to be published on Tuesday 15 January 2002 at 8.30 CET.

Rolf Eriksen
Managing Director

Contact persons:

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