Cevian Capital has increased its ownership in AB Volvo to 10.51% of the votes

Through the acquisition of 25,000,000 A-shares in AB Volvo, Cevian Capital has increased its ownership to 68,727,400 A-shares and 29,776,795 B-shares, corresponding to 10.51% of the voting rights and 4.63% of the share capital of AB Volvo.

Stockholm, December 2, 2013

For further information, please contact:

Christer Gardell, tel. +46 8 545 675 50