GOTEBORG, Sweden, Feb. 17, 2004 (PRIMEZONE) -- AB Volvo's Board of Directors has decided to postpone the Annual General Meeting until April 16.
In the Board's opinion, AB Volvo requires more time to clarify and prepare for the various alternatives with regard to the divestment of Volvo's holding of Scania shares that the Board has previously disclosed. As a result of this decision, the Annual General Meeting in AB Volvo is being moved from March 22 to April 16.
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 headquartered in Goteborg, Sweden. Volvo shares are listed on the stock exchanges in Stockholm, London and Frankfurt and on NASDAQ in the US.
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