INTERIM REPORT - NINE MONTHS

9/28/2005 2:00 AM EST

1 December 2004 - 31 August 2005


• H&M’s Group turnover excluding VAT amounted to SEK 43,253 M (37,821), an increase of 14 per cent.

• Profit after financial items for the first nine months was SEK 9,256 M (6,949), an increase of 33 per cent. Profit after tax for the Group amounted to SEK 6,016 M (4,517), corresponding to SEK 7.27 per share (5.46).

• Turnover excluding VAT for the third quarter amounted to SEK 15,158 M (12,840), an increase of 18 per cent, compared with last year. In comparable currency rates the increase was 16 per cent.

• Third quarter profit after financial items amounted to SEK 3,324 M (2,452), an increase of 36 per cent.

• Low price reduction level during the third quarter and a substantially improved gross profit.

• The increase in turnover for the month of August was 17 per cent in comparable currency rates.

Contact persons:
Pär Darj, IR +46 8 796 8905
Leif Persson, CFO +46 8 796 1300
Rolf Eriksen, CEO +46 8 796 5233