The number of votes in AB Volvo has changed due to the conversion of a total of
2,500,000 Series A shares to a total of 2,500,000 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, December 30, the last trading day of the month, there are a total of
2,128,420,220 registered shares in AB Volvo. Of these 519,298,953 are Series A
shares and 1,609,121,267 Series B shares. The number of votes in the company
amounts to 680,211,079.70 based on the number of registered shares.

December 30, 2013

Reporters who want more information, please contact Karin Wik, +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. December 30, 2013.