Invitation to press and tele conference

Volvo hereby invites the media to a press conference on Thursday, February 10 in conjunction with the release of the Volvo Group’s report on the fourth quarter 2004.

Time: 10.00 hrs CET Place: Spårvagnshallarna Birger Jarlsgatan 57 A 113 81 Stockholm Tel +46 8 15 22 44 Volvo will be represented at the press conference by CEO Leif Johansson, among other Volvo executives. Volvo’s report is scheduled to be released at about 7:30 a.m. CET on February 10. The press conference will be webcast via Internet on www.volvo.com and it will also be possible to participate and ask questions via telephone. For those who wish to participate in the press conference by telephone, please call +44 (0)20 7784 1020 (UK), +1 718 354 1157 (US) or +46(0)8 5661 8494 (Sweden) 5-10 minutes prior to the start. Analyst tele conference 14.30 p.m. CET The same numbers as for the press conference apply (see above). If there is a problem with connecting to one of the phone numbers please use one of the others. The tele conference will be webcast on www.volvo.com. To download the presentation please go to www.volvo.com. Welcome! AB Volvo Media Relations January 27, 2005 For further information, contact Pär Aronsson, +46 31 66 13 73, +46 706 65 13 73