Annual General Meeting of AB Volvo
At the Annual General Meeting of AB Volvo held on April 4, 2007, the Board’s proposal was approved to pay an ordinary dividend to the shareholders of SEK 25.00 per share and an extraordinary dividend in the form of a 6:1 split with automatic redemption, in which the sixth share is redeemed by AB Volvo for SEK 25.00 per share. April 11, 2007 was adopted as the record date for entitlement to receive dividends. Payment of the dividend will be made through VPC (Swedish Central Securities Depository and Clearing Organization) on April 16, 2006. Record date for the share split and right to redemption shares was set at April 30, 2007. Payment of the redemption amount is expected to occur on May 28, 2007.