Volvo: Invitation to Press and Teleconference in Gothenburg

July 8, 2010

STOCKHOLM--The press conference will begin at 10:00 a.m. CET and will be held at Volvo Group Headquarters, Auditorium, Amazonvgen, Torslanda, Gothenburg.

The report is scheduled to be released at 7:30 a.m. on July 22. Participants at the press conference will include CEO Leif Johansson. For those who wish to participate and ask questions by telephone at the press conference, please call +46 (0) 850 520 270 (Sweden) about 10 minutes prior to the start. The press conference will be webcast on www.volvogroup.com and www.volvokoncernen.se.

Conference call for investors and analysts, 3:00 p.m. CET

To participate in the conference, call +46 (0) 850 520 270 (Sweden) or +1 718 354 1226 (US). The conference will also be webcast live on www.volvogroup.com/investors and www.volvokoncernen.se/aktieagare, where presentation material will be available for downloading and the teleconference will be available for replay.

July 8, 2010

The 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. The Volvo Group, which employs about 90,000 people, has production facilities in 19 countries and sells their products in more than 180 markets. In 2009 annual sales of the Volvo Group amounted to about SEK 218 billion. The Volvo Group is a publicly-held company headquartered in Gteborg, Sweden. Volvo shares are listed on OMX Nordic Exchange Stockholm. For more information, please visit www.volvogroup.com or www.volvogroup.mobi if you are using your mobile phone.