Stefano Chmielewski New President of Renault Trucks

STEFANO CHMIELEWSKI NEW PRESIDENT OF RENAULT TRUCKS Stefano Chmielewski has been appointed president of Renault Trucks. Chmielewski is currently Senior Vice President Marketing at Renault Trucks and a member of the executive management team. He assumes his new position on May 1. Stefano Chmielewski will also be a member of the Volvo Group Executive Committee. He succeeds Philippe Mellier, who is leaving Renault for the position of president of Alstom Transport. Chmielewski has worked at Renault Trucks since 2001 and has more than 20 years of experience in the truck industry. Previously, he has held a number of executive positions in marketing at Iveco, Volkswagen and other companies. Chmielewski, 50, was born in Italy. March 12, 2003 For further information and photo, contact Mårten Wikforss, +46 31-66 11 27 Volvo är en av världens ledande tillverkare av lastbilar, bussar, anläggningsmaskiner, drivsystem för marina och industriella applikationer samt komponenter och tjänster för flygplan och flygmotorer. Volvokoncernen tillhandahåller också kompletta finansiella tjänster. Volvo har ca 71 000 anställda, produktionsanläggningar i 25 länder och närvaro på mer än 185 marknader. Volvo omsätter 180 miljarder SEK och är noterat på börserna i Stockholm, London, Bryssel, Frankfurt och på NASDAQ i USA ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/03/12/20030312BIT00060/wkr0001.doc http://www.waymaker.net/bitonline/2003/03/12/20030312BIT00060/wkr0002.pdf

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The Volvo Group is one of the world’s leading manufacturers of trucks, buses, construction equipment and marine and industrial engines. The Group also provides complete solutions for financing and service. The headquarter is located in Gothenburg, Sweden.

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