H&M Hennes & Mauritz

Earnings Release • Jul 15, 2008

H&M GROUP SALES DEVELOPMENT IN JUNE

In the month of June 2008, sales in local currencies including VAT increased by 8 per cent compared to June previous year. Calendar effects are estimated to have a negative impact on the sales by 4 per cent during the month.

Sales increase per month in per cent excl. currency rate changes:

	2004/05	2005/06	2006/07	2007/08
December	13	14(4)	16(5)	10(-1)
January	5	15(5)	16(5)	17(3)
February	6	11(2)	15(5)	24(10)
March	20	0(-8)	29(17)	3(-8)
April	15	9(1)	21(8)	-1(-10)
May	18	13(5)	10(-2)	25(14)
June	18	9(1)	17(5)	8(-2)
July	12	11(2)	14(2)
August	17	15(5)	11(-1)
September	7	9(0)	25(12)
October	10	12(3)	15(3)
November	11	11(2)	14(1)
Whole year	13	11(2)	17(5)

The figure in parenthesis represents the sales development in comparable H&M units. Comparable units mean the stores and the internet and catalogue sales countries that have been in operation for at least a financial year. H&M's financial year extends from 1 December to 30 November.

The number of stores amounted to 1.600 on 30 June 2008 versus 1.420 on 30 June 2007. The number of stores includes 20 stores which were acquired in connection with the take-over of Fabric Scandinavien AB.

Sales development in the month of July will be published on Friday 15 August 2008 at 8.00 CET.

Rolf Eriksen, Managing Director

Contact person: Nils Vinge, Head of IR +46-8-796 5250

The information in this sales development is that which H & M Hennes & Mauritz AB (publ) is required to disclose under Sweden's Securities Market Act. It was released for publication at 08.00 (CET) on 15 June 2008.

H & M Hennes & Mauritz AB (H&M) was established in Sweden in 1947. The company's business concept is to offer fashion and quality at the best price. H&M is quoted on the OMX Nordic Exchange Stockholm. Today there are 1600 H&M stores in 29 countries. H&M has 68,000 employees and achieved sales including VAT in 2007 of SEK 92,123 million. H&M has a wide product range that is divided into a number of different concepts for women, men, teenagers, children and cosmetics. The company's clothing collections are created by its own designers, pattern makers and buyers. For further information visit www.hm.com.