Sales development, October

Turnover for the H&M Group increased in October 2002 by 26 per cent compared with the corresponding period last year.

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

1999/2000 2000/2001 2001/2002

December 19 7 10
January 13 22 8
February 27 16 16
March 5 27 16
April 18 15 12
May 15 20 11
June 7 21 19
July 10 18 18
August 3 26 16
September 22 34 8
October 5 18 26
November 8 20
Whole year 12 20

Sales development in the month of October will be published on 16 December 2002 at 8.30 CET.

Rolf Eriksen
Managing Director

Contact persons:

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