Invitation to press and tele conference

Volvo hereby invites the media to a press conference on Friday, September 8 following the Board’s decision to adopt new financial targets for the Volvo Group.

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. 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 7138 0814 (UK), +1 718 354 1359 (US) or +46 (0)8 5876 9446 (Sweden) 5-10 minutes prior to the start. Analyst tele conference 3.00 PM CET The numbers that apply are +44 (0)20 7138 0813 (UK), +1 718 354 1157 (US) or +46 (0)8 5876 9445 (Sweden). Welcome! September 8, 2006 For further information, please contact Mårten Wikforss, +46 31 66 11 27, +46 70 559 11 49 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.