New Number of Votes in AB Volvo

  New Number of Votes in AB Volvo

Business Wire

GÖTEBORG, Sweden -- November 30, 2012

RegulatoryNews:

The number of votes in AB Volvo has changed due to the conversion of a total
of 1,548,671 Series A shares to a total of 1,548,671 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, November 30, the last trading day of the month, there are a total of
2,128,420,220 registered shares in AB Volvo. Of these 658,367,577 are Series A
shares and 1,470,052,643 Series B shares. The number of votes in the company
amounts to 805,372,841.30 based on the number of registered shares.

November 30, 2012

Reporters who want more information, please contact Kina Wileke, +46 31 66 12
32 or +46739 02 55 44.

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
and construction equipment, drive systems for marine and industrial
applications and aerospace components. The Group also provides complete
solutions for financing and service. The Volvo Group, which employs about
115,000 people, has production facilities in 20 countries and sells its
products in more than 190 markets. In 2011, annual sales of the Volvo Group
amounted to about SEK 310 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.
November 30, 2012.

This information was brought to you by Cision http://www.cisionwire.com

Contact:

Volvo
Kina Wileke, +46 31 66 12 32 or +46739 02 55 44