Annual Report of Volvo Treasury AB (publ)

Volvo Treasury AB (publ) has today published its annual report for 2007. The annual report, the consolidated statements of the group and the auditors’ report are found on Volvo Group’s web site http://www.volvo.com/group/global/en-gb/investors/investing_in_the_volvo_group/bondholders/

According to the Swedish Securities Market Act (SFS 2007:528) Volvo Treasury AB (publ) has an obligation to make public the above information. The information was published on April 30, 2008 at 12.30 CET.

April 30, 2008

For reporters who want more information, please contact Christer Johansson, +46 31 66 13 34

Visit http://www.thenewsmarket.com/volvogroup 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.

AB Volvo (publ) may be required to disclose the information provided herein pursuant to the Securities Markets Act. The information was submitted for publication at 12.30 p.m. April 30. 2008.