AB Volvo (VOLVY) CEO to Ring The NASDAQ Stock Market Opening Bell

NEW YORK, May 10, 2006 -- The following is being issued by NASDAQ :

  What:
  Glenn Bourke, CEO of the Volvo Ocean Race (http://www.volvooceanrace.org/)
  will preside over the opening bell on behalf of AB Volvo
.

  The Volvo Ocean Race (co-owned by AB Volvo and Ford-owned Volvo Cars) is
  the world's premiere sailing competition.  The eight-month-long race
  around the globe covers more than 32,000 miles of open ocean and travels
  to 10 stopover ports around the world, including New York City.  The boats
  will depart on Thursday, May 11th for the next leg of the race -- New York
  to Portsmouth, UK.

  Where:
  NASDAQ MarketSite -- 4 Times Square -- 43rd & Broadway -- Broadcast Studio

  When:
  Thursday, May 11th, 2006 at 9:30 a.m. EDT

  Contacts:
  Marjorie A. Meyers
  Corporate Communications, Volvo Group North America
  (212) 418-7434
  marjorie.meyers@volvo.com

  NASDAQ MarketSite:
  Stephanie Lowenthal; 646.441.5220

  Feed Information:
  The opening bell is available from 9:20 a.m. to 9:35 a.m. on uplink IA-5
  C-band/transponder 14.  The downlink frequency is 3980 horizontal; audio:
  6.2/6.8.  The feed can also be found on Waterfront fiber 1623.  If you
  have any questions, please contact Stephanie Lowenthal at (646) 441-5220.

  Photos:
  To obtain a hi-resolution photograph of the Market Open, please go to
  http://www.nasdaq.com/reference/marketsite_events.stm and click on the
  market open of your choice.

  About AB Volvo (VOLVY):

Volvo Group is one of the world's leading manufacturers of trucks, buses and construction equipment, drive systems for marine and industrial applications, aerospace components and services. The Group also provides complete solutions for financing and service. Business areas are -- Volvo Trucks, Mack Trucks, Renault Trucks, Volvo Buses, Volvo Construction Equipment, Volvo Penta, Volvo Aero and Volvo Financial Services. Several business units provide additional manufacturing development or logistical support. The largest business units are: Volvo Powertrain, Volvo 3P, Volvo IT, Volvo Logistics, Volvo Parts and Volvo Technology.