New number of votes in AB Volvo

The number of votes in AB Volvo has changed due to the conversion of a total of
518,868 Series A shares to a total of 518,868 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, October 31, the last trading day of the month, there are a total of
2,128,420,220 registered shares in AB Volvo. Of these 521,983,732 are Series A
shares and 1,606,436,488 Series B shares. The number of votes in the company
amounts to 682,627,380.80 based on the number of registered shares.

Oct 31, 2013

Reporters who want more information, please contact Karin Wik, +46 31 661232 or
+46 765 53 10 20.

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

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. (Oct 31, 2013).