FULL YEAR RESULTS 1 December 2000 to 30 November 2001

• Group turnover for the year amounted to SEK 46,528 M (35,876) including VAT, an increase of 30 per cent compared to last year. With comparable exchange rates, the increase was 20 per cent.

• Profit after financial items was SEK 5,734 M (4,003), an increase of 43 per cent.

• Turnover for the fourth quarter amounted to SEK 14,172 M (10,448) including VAT, an increase of 36 per cent. With comparable exchange rates, the increase was 24 per cent.

• Profit after financial items for the fourth quarter was SEK 2,356 M (1,390), an increase of 69 per cent.

• Increased market shares in all H&M countries.

• In 2002, approximately 90 new stores are planned to open. The USA continued important market for expansion. Somewhat lower expansion rate on the American market than originally planned.

• The Board of Directors proposes a dividend of SEK 1.75 (1.35) per share.



Contact persons:
Rolf Eriksen, CEO +46-8-796 5233
Carl-Henric Enhörning +46-8-796 5410
Leif Persson +46-8-796 1300
Switchboard +46-8-796 5500

Information about H&M and press pictures are available on www.hm.com

About Us

H & M Hennes & Mauritz AB (publ) was founded in Sweden in 1947 and is quoted on Nasdaq Stockholm. H&M’s business idea is to offer fashion and quality at the best price in a sustainable way. In addition to H&M, the group includes the brands & Other Stories, Cheap Monday, COS, Monki and Weekday as well as H&M Home. The H&M Group has more than 3,700 stores in 61 markets including franchise markets. In 2014, sales including VAT were SEK 177 billion and the number of employees is more than 132,000. For further information, visit hm.com (http://www.hm.com/).

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