Truck deliveries January-February 2005

Total deliveries of trucks from the Volvo Group’s three truck companies increased 29% through February this year, compared with the year-earlier period. Deliveries from Mack rose 70%, while deliveries from Renault Trucks were up 14%. Deliveries from Volvo Trucks increased 31% during the period.

“Deliveries remained high during the first two months of the year, particularly in North America, where we posted a full 66% increase," says CEO Leif Johansson. "We are working continually with streamlining our production in North America to cope with the high demand." During the past 12 months, order bookings for the Group’s truck operations were 35% higher compared with the preceding year. Orders were up 10% in Europe, while the increase in North America was 77%. For 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