Volvo AB

Invitation to press conference

INVITATION TO PRESS CONFERENCE

AB Volvo hereby invites the representatives of the media to a press
conference on Tuesday, July 23, in conjunction with the release of the
Volvo Group's report on the first six months 2002.

Time:          10.30 hrs

Place:    Spårvagnshallarna

     Birger Jarlsgatan 57A
113 81 Stockholm
Tel +46 8 15 22 44
Fax +46 8 15 30 66

At the press conference, Volvo will be represented by Volvo's CEO, Leif
Johansson, among others. Volvo's report on the first six months is
scheduled to be released at about 09:00 hrs on July 23 and the telephone
conference at 16.00 is webcasted via volvo.com.

Welcome!

July, 4, 2002

AB VOLVO
Media Relations