Sales development January

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Sales development, January Turnover for the H&M Group increased in January 2002 by 8 per cent compared with the corresponding period last year. Continued considerably improved gross margin, due to among other things lower price reductions. 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 March 5 27 April 18 15 May 15 20 June 7 21 July 10 18 August 3 26 September 22 34 October 5 18 November 8 20 Whole year 12 20 Sales development in the month of February will be published on 22 March 2002 at 8.30 CET in connection with the report for the first quarter. Rolf Eriksen Managing Director Contact persons: Carl-Henric Enhörning +46-8-796 5410 Leif Persson +46-8-796 1300 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/09/15/20030915BIT01000/wkr0001.doc http://www.waymaker.net/bitonline/2003/09/15/20030915BIT01000/wkr0002.pdf

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