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Invitation to press conference

Volvo hereby invites the mass media to a press conference on Tuesday, February 3, in conjunction with the release of the Volvo Group’s report on operations, 2003.
Time:  10:00 a.m. CET
Location: Spårvagnshallarna, Birger Jarlsgatan 57A, 113 81 Stockholm
Tel: 08-152244, Fax: 08-153066

Volvo will be represented at the press conference by CEO Leif Johansson, among other Volvo executives. Volvo’s report is scheduled to be released at about 7:30 a.m. CET on February 3. The press conference will be webcast via Internet on www.volvo.com and it will also be possible to participate and ask questions via telephone. For those who wish to participate in the press conference by telephone, please call +44(0)207 019 9523 (UK), +1 718 354 1153 (US) or +46(0)8 5069 2133 (Sweden) 5-10 minutes prior to the start. The teleconference for analysts at 3:00 p.m. CET will also be webcast via volvo.com. Please use the same telephone number as the press conference to participate.

Welcome!

Volvo

January 20, 2004

For further information, contact:

Media Relations: Mårten Wikforss, +46 31 66 11 27, +46 705 59 11 49
Investor Relations: Fredrik Brunell, +46 31 66 11 91, +46 705 59 10 91