FULL YEAR REPORT 1 December 2005 – 30 November 2006

• Sales for the H&M Group excluding VAT for the financial year amounted to SEK 68,400 m (61,262), an increase of 12 per cent.
In local currencies the increase was 11 per cent.

• Profit after financial items was SEK 15,808 m (13,553), an increase
of 17 per cent. Group profit after tax was SEK 10,797 m (9,247),
corresponding to SEK 13.05 (11.17) per share.

• Sales for the fourth quarter excluding VAT amounted to SEK 19,512 m
(18,009), an increase of 8 per cent compared with the previous year.
In local currencies the increase was 11 per cent.

• Profit after financial items for the fourth quarter was SEK 5,440 m
(4,297), an increase of 27 per cent.

• For the financial year 2006/2007 a net contribution of 170 stores is
planned.

• Launch of home textiles, H&M Home, with start within the online
and catalogue sales, autumn 2007.

• The Board of Directors proposes a dividend of SEK 11.50 (9.50)
per share.
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• Sales in December 2006 increased by 16 per cent in local currencies compared to the same month previous year.

Stockholm, 25 January 2007
The Board of Directors



Contact persons:
Nils Vinge, IR +46-8-796 5250
Leif Persson, CFO +46-8-796 1300
Rolf Eriksen, CEO +46-8-796 5233
Switchboard +46-8-796 5500


Information about H&M and press images are available at www.hm.com


H & M Hennes & Mauritz AB (Publ.)
Head Office – A7, 106 38 Stockholm
Phone: +46-8-796 5500, Fax: +46-8-24 80 78, E-mail: info@hm.com
Registered office Stockholm, Reg .No 556042-7220