Associate Professor Pål Börjesson receives Volvo scholarship

Associate Professor Pål Börjesson receives Volvo scholarship

Today, April 7, the  Håkan Frisinger Foundation for Transportation Research is
awarding its scholarship for 2008 to Associate Professor Pål Börjesson at Lund
University. The scholarship, amounting to SEK 250,000, is awarded to Pål
Börjesson for his research within the area of systems studies of bioenergy and
biofuels, as well as spreading knowledge and cooperation with decision-makers in
society and the business community.

Pål Börjesson's research deals with the role of biomass in a long-term
sustainable energy system, with focus on energy efficiency, cost efficiency and
environmental impact. His research includes scenarios for future production and
use of bioenergy as well as an analysis of the incentives for and obstacles to
the use of various bioenergy systems. In recent years, Pål Börjesson's research
has primarily dealt with biofuel systems for the transport sector.

Nominations to receive the Frisinger Scholarship are made by the Chalmers
University of Technology in accordance with an agreement between Chalmers and
the Volvo Research and Educational Foundations (VREF). The decision to award the
scholarship is made by VREF's Board of Directors.

The prize is being awarded by the Håkan Frisinger Foundation at a ceremony held
at AB Volvo on April 7, 2009. Håkan Frisinger was President of Volvo 1983-1987
and Board Chairman 1997-1999.

7 April, 2009

For further information, please contact:

Professor Bengt Kasemo, Chairman of the Scientific Council of VREF, tel +46 31
772 33 70.  

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AB Volvo (publ) may be required to disclose the information provided herein
pursuant to the Securities Markets Act. The information was submitted for
publication at 13.00 p.m. CET, 7 April, 2009.


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