Truck deliveries January-April 2005

Total deliveries of trucks from the Volvo Group’s three truck companies increased 22% through April this year, compared with the year-earlier period. Deliveries from Mack rose 57%, while deliveries from Renault Trucks were up 11%. Deliveries from Volvo Trucks increased 23% during the period.

During the past 12 months, order bookings for the Group’s truck operations were 17% higher compared with the preceding year. Orders were down 3% in Europe, while the order bookings in North America increased 47%. For the full report see attachment! For further information, please contact: Media Relations: Bernard Lancelot, Renault Trucks, +33 4 72 96 27 59 Bob Martin, Mack, +1 (610) 709-2670 Claes Claeson, Volvo Trucks, +46 31-66 39 08 Investor Relations: Fredrik Brunell, AB Volvo, +46 31 66 11 91

About Us

The Volvo Group is one of the world’s leading manufacturers of trucks, buses, construction equipment and marine and industrial engines. The Group also provides complete solutions for financing and service. The headquarter is located in Gothenburg, Sweden.