AB Volvo to be delisted from Brussels stock exchange

AB VOLVO TO BE DELISTED FROM BRUSSELS STOCK EXCHANGE As announced earlier, AB Volvo has applied to be delisted from the First Market of the Euronext Brussels stock exchange. This application has now been approved and the Volvo share will be delisted from the official list as of June 16, 2003. In January, Volvo announced that the Company's Board had decided to apply to be delisted from the First Market on Euronext Brussels. Volvo's international depositary receipt has been listed on First Market Brussels since 1985. This listing was a feature of the then Board's efforts to increase international ownership in Volvo. However, the deregulation of the international capital markets and the increased foreign ownership of shares on Stockholmsbörsen have meant that this special listing has outlived its usefulness. Bank Brussels Lambert (BBL) will, however, provide for the listing of Volvo's international depositary receipt on the Trading Facility Market of Euronext Brussels as of June 17, 2003. June 16, 2003 For further information, please contact Fredrik Brunell, Tel: +46 (0)31-66 11 91, or Patrik Stenberg, Tel: +46 (0)31-66 13 36. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/06/16/20030616BIT00480/wkr0001.doc http://www.waymaker.net/bitonline/2003/06/16/20030616BIT00480/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.