Ingrid Skogsmo new Vice President of AB Volvo’s strategy department

Ingrid Skogsmo has been appointed new Vice President of AB Volvo’s strategy department. Skogsmo is currently director of Volvo Car Corporation’s Safety Center and will assume her new position on January 1, 2008.

Ingrid Skogsmo, 46, has worked for many years within Volvo and has been employed within the automotive industry since she received her degree in engineering physics from Chalmers University of Technology in 1985. Within Volvo Cars, she has primarily worked with safety and strategy issues. In the early 2000s, she worked with similar issues at the Ford Motor Company in Dearborn, Michigan, in the US.

“Ingrid Skogsmo has a solid background within our industry and brings extensive experience and valuable knowledge within areas that are key for the Volvo Group,” says Pär Östberg, Senior Vice President and CFO of the Volvo Group.

September 17, 2007

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The character of the information is such that AB Volvo (publ) may be under an obligation to disclose it in accordance with the Swedish Securities and Clearing Operations Act and/or the Swedish Financial Instruments Act. The information was disclosed to the media on 0917, 2007 at 1.30 p.m.