Invitation to press and tele conference in Stockholm

AB Volvo hereby invites the media to a press conference on April 26 2012 in
conjunction with the release of the Volvo Group on the first quarter 2012. The
press conference will take place 09:00 at Tändstickspalatset in Stockholm.
Press conference, 09:00 AM CET

The press conference will begin at 09.00 AM
CET and will be held at Tändstickspalatset, V Trädgårdsgatan 15
inStockholm.

The report is scheduled to be released at 7.30 AM CET April 26.
CEO Olof Persson will participate in the press conference. For those who wish to
participate and ask questions by telephone in the press conference, please call
+46 8 505 598 53 (Sweden) or +44 (0) 203 043 2436 (UK) about five minutes prior
to the start. The press conference will be webcast on www.volvogroup.com and
www.volvokoncernen.se.

Conference call for investors and analysts, 2.30 PM
CET

To participate in the conference, call +46 8 505 598 53 (Sweden), +44 (0)
203 043 2436 (UK) or +1 866 458 4087 (US). The conference will also be webcast
live at www.volvogroup.com/investors, where presentation material will be
available for downloading and the teleconference will be available for
replay.

April 17, 2012

Reporters who want more information, please
contact: Marie Falk, Media Relations Volvo Group, +46 31 66 11 81 or +46 31 323
40 28

For more stories from the Volvo Group, please visit
http://www.volvogroup.com/globalnews.

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.

The
Volvo Group is one of the world’s leading manufacturers of trucks, buses and
construction equipment, drive systems for marine and industrial applications and
aerospace components. The Group also provides complete solutions for financing
and service. The Volvo Group, which employs about 115,000 people, has production
facilities in 20 countries and sells their products in more than 190 markets. In
2011 annual sales of the Volvo Group amounted to about SEK 310 billion. The
Volvo Group is a publicly-held company headquartered in Göteborg, Sweden. Volvo
shares are listed on OMX Nordic Exchange Stockholm. For more information, please
visit www.volvogroup.com or www.volvogroup.mobi if you are using your mobile
phone