Volvo: Invitation to Press Conference


GOTEBORG, Sweden, Jan. 30, 2003 (PRIMEZONE) -- AB Volvo (Nasdaq:VOLVY) hereby invites the representatives of the media to a press conference on February 7 in conjunction with the release of the Volvo Group's report on operations, 2002.


 Time:   10 a.m.
         
 Place:  IVA, Kungliga Ingenjorsvetenskapsakademien, Wallenbergsalen,
         Grev Turegatan 14, 102 42 Stockholm
         
 Tel:    +46 8 791 29 00
         
 Fax:    +46 8 611 56 23

At the press conference, Volvo will be represented by Volvo's CEO, Leif Johansson, among others. Volvo's report on 2002 is scheduled to be released at about 08:00 hrs on Friday, February 7 and the telephone conference starting at 15 p.m. is webcasted via volvo.com.

Welcome!

For further information, please contact:

Marten Wikforss, +46 31 66 11 27/+ 46 705 59 11 49

The Volvo Group is one of the world's leading manufacturers of trucks, buses and construction equipment, drive systems for marine and industrial applications, aerospace components and services. The Group also provides complete solutions for financing and service. The Volvo Group, which employs about 71,000 people, has production facilities in 25 countries and sells their products in more than 185 markets. Annual sales of the Volvo Group amount to 18 billion euro. The Volvo Group is a publicly-held company headquarterd in Goteborg, Sweden. Volvo shares are listed on the stock exchanges in Stockholm, London, Brussels and Frankfurt and on NASDAQ in the U.S.

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The following files are available for download:


 www.waymaker.net/bitonline/2003/01/30/20030130BIT00190/wkr0001.doc
 www.waymaker.net/bitonline/2003/01/30/20030130BIT00190/wkr0002.pdf