Invitation to press and tele conference

Volvo hereby invites the media to a press conference on Friday, February 3 in conjunction with the release of Volvo Group’s report on the fourth quarter 2005.

Time: 10.00 hrs AM 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 AM CET on February 3. 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 7365 1831 (UK), +1 718 354 1157 (US) or +46 (0)8 5876 9445 (Sweden) 5-10 minutes prior to the start. Analyst tele conference 2.30 PM CET The same numbers as for the press conference apply (see above), except for UK where the number is +44 (0)20 7784 1020. The tele conference will be webcast on www.volvo.com. To download the presentation please go to www.volvo.com. For replay please go to www.volvo.com under investors. Welcome! January 23, 2006 For further information, please contact Mårten Wikforss, +46 31 66 11 27 Note to TV/radio broadcasters: Video footage and sound bytes where CEO Leif Johansson comments the results will be available for download on www.volvo.com under News&Media from 7.30 AM CET on February 3. To register, please go to www.thenewsmarket.com.