Fredrik Brunell appointed new Vice President, Head of Corporate Finance, AB Volvo

Fredrik Brunell, presently Chief Financial Officer, Volvo Aero, has been appointed new Vice President, Head of Corporate Finance, AB Volvo. He will assume his new position on August 25, 2008, reporting to the Group CFO.

Fredrik Brunell has been the CFO of Volvo Aero since 2005 and has previously worked as Head of Investor Relations within AB Volvo and prior to that with strategic planning at Volvo Aero. Fredrik also has a long background within ABB.

“With his background Fredrik Brunell is well suited to take on the responsibility within the Corporate Finance department”, says Mikael Bratt, Senior Vice President & CFO.

June 13, 2008

For reporters who want more information, please contact Mårten Wikforss, +46 31 66 11 27 or +46 705 59 11 49.

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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 16.00 p.m. June 13, 2008.