Press release

Sales development, September

Turnover for the H&M Group increased in September 2003 by 6 per cent compared with the corresponding period last year.

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

1999/00 2000/01 2001/02 2002/03

December 19 7 10 16
January 13 22 8 18
February 27 16 16 10
March 5 27 16 8
April 18 15 12 12
May 15 20 11 9
June 7 21 19 8
July 10 18 18 8
August 3 26 16 5
September 22 34 8 6
October 5 18 26
November 8 20 14
Whole year 12 20 14

Sales development in the month of October will be published on 14th November 2003 at 8.30 CET.

Rolf Eriksen
Managing Director

Contact persons:

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