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Divestment of Scania A shares completed

Through distribution on June 8 of Ainax AB, Volvo has divested 27,320,838 Scania A shares, corresponding to 24.8% of the votes and 13.7% of the capital in Scania AB.
Since May 16, 2004, Ainax has been the owner of 27,320,838 Scania A shares, corresponding to 24.8% of the votes and 13.7% of the capital in Scania AB.
Following this divestment, Volvo no longer holds any shares in Scania AB.  

June 8, 2004

For further information, please contact:

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

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