New Number of Votes in AB Volvo

Sweden--June 30, 2011: NEW NUMBER OF VOTES IN AB VOLVO

Regulatory News:

The number of votes in AB Volvo has changed due to the conversion of a total of 3,232,011 Series A shares to a total of 3,232,011 Series B shares. The conversions were implemented with the support of the opportunity for Series A shareholders to request conversion of Series A shares to Series B shares, which was entered in the Articles of Association at the 2011 Annual General Meeting.

Today, Thursday June 30, the last trading day of the month, there are a total of 2,128,420,220 shares in AB Volvo. Of these, 672,621,374 are Series A shares and 1,455,798,846 Series B shares. The number of votes in the company amounts to 818,201,258.60.

June 30, 2011

Visit Volvo News to access broadcast-standard video from Volvo Group. You can preview and request video, and choose to receive as a MPEG2 file or by Beta SP tape. Registration and video is free to the media.

The Volvo Group is one of the world's leading manufacturers of trucks, buses and construction equipment, drive systems for marine and industrial applications and aerospace components. The Group also provides complete solutions for financing and service. The Volvo Group, which employs about 100,000 people, has production facilities in 19 countries and sells their products in more than 180 markets. In 2010 annual sales of the Volvo Group amounted to about SEK 265 billion. The Volvo Group is a publicly-held company headquartered in Sweden. Volvo shares are listed on OMX Nordic Exchange Stockholm.

AB Volvo (publ) is required to disclose the information provided herein pursuant to the Financial Instruments Trading Act. The information was submitted for publication at 12:30 p.m. June 30, 2011.