New number of votes in AB Volvo

The number of votes in AB Volvo has changed due to the conversion of a total of
317,343 Series A shares to a total of 317,343 Series B shares. The conversions
were implemented with the support of the opportunity for Series A shareholders
to request conversion of Series A shares to Series B shares, which was entered
in the Articles of Association at the 2011 Annual General Meeting.
Today, April 30, the last trading day of the month, there are a total of
2,128,420,220 registered shares in AB Volvo. Of these 535,140,427 are Series A
shares and 1,593,279,793 Series B shares. The number of votes in the company
amounts to 694,468,406.30 based on the number of registered shares.

April 30, 2013

Reporters who want more information, please contact Kina Wileke, +46 31 323 72
29 or +46 765 53 72 29.

For more stories from the Volvo Group, please visit
http://www.volvogroup.com/globalnews.

The Volvo Group is one of the world’s leading manufacturers of trucks, buses,
construction equipment and marine and industrial engines. The Group also
provides complete solutions for financing and service. The Volvo Group, which
employs about 115,000 people, has production facilities in 19 countries and
sells its products in more than 190 markets. In 2012 the Volvo Group’s sales
amounted to about SEK 304 billion. The Volvo Group is a publicly-held company
headquartered in Göteborg, Sweden. Volvo shares are listed on OMX Nordic
Exchange Stockholm. For more information, please visit www.volvogroup.com or
www.volvogroup.mobi if you are using your mobile phone.

AB Volvo (publ) is required to disclose the information provided herein pursuant
to the Securities Markets Act and/or the Financial Instruments Trading Act. The
information was submitted for publication at 07:30 a.m. April 30, 2013.