Press release

Renault Trucks received order from World Bank

2005-10-13

AB Volvo's subsidiary Renault Trucks has received an order from the World Bank for 280 Renault Kerax construction trucks. The trucks will be used in the rebuilding of the cities and villages in the heavily earthquake-damaged Bam region in Iran.

On December 26, 2003, the ancient Bam region in Iran was hit by an earthquake that destroyed about 60% of all buildings and killed over 25,000 people. The Bam region lies along the famous Silk Road trade route.

The order from the World Bank, which was signed in mid-September, is for 200 Renault Kerax 6x4 and 80 Renault Kerax 4x2 trucks, all equipped with tippers. Deliveries are scheduled for February through June 2006.

In 2004, 6,900 Renault Kerax trucks were sold and to date this year 6,300 have already been sold.

October 13, 2005

For further information, please contact Mårten Wikforss, +46 31 66 11 27, +46 705 59 11 49