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Friday 31 January, 2003

Volvo AB

Volvo Baltic Race

New off-shore race with V.O.60s in Northern Europe

- The world's best sailors compete in Volvo Baltic Race

Northern Europe will host a new sailing competition this summer. The
event is organised by Viamare and KSSS (Royal Swedish Yacht Club) in co-
operation with Volvo and SEB. From the end of June through to the
beginning of July, the spectacular V.O.60s, which participated in the
Volvo Ocean Race, will compete in the Volvo Baltic Race. Some of the
best sailors in the world will compete in this race, which will visit
Kiel (Germany), Sandhamn and Marstrand (both in Sweden).

The competition is sure to be the highlight of this summer's sailing
calendar, starting on June 21 during the Kieler Woche, arriving in
Sandhamn on June 26 and finishing in Marstrand during the Swedish Match
Cup on July 5. The boats will also participate in the Accenture Gotland
Runt as well as other inshore races.

During the Volvo Ocean Race the fast V.O.60s could only be watched at
the start and at the finish. This time, the sailing enthusiasts will be
able to see them racing side by side from a close distance.

The purpose of the Volvo Baltic Race is two-fold; it will bring off-
shore racing closer to the general public and it will give the sailors
the chance to compete even during the years between two Volvo Ocean
Races, which start every fourth year.

"By combining the Kieler Woche, Accenture Gotland Runt and Swedish Match
- Northern Europe's biggest regattas, we can create something even
bigger, " says Hans Mellström, Viamare, who, together with sailor and
skipper Matthew Humphries (who took part in four Whitbread/Volvo Ocean
Races), took the initiative to create this race.

AB Volvo and Volvo Car Corporation are title sponsors of the race and
see their involvement as yet another step in their global commitment to
sailing. SEB is trophy sponsor to the event and see their sponsorship as
an important part in the company's relationship marketing and brand
exposure activities. KSSS is responsible for the actual competition.

The next Volvo Ocean Race will be organised in 2005-2006 and full
details will be unveiled in Auckland, New Zealand February 10.

Images and press material is available for downloading on
www.volvobalticrace.org. For information on the Volvo Ocean Race:
www.volvooceanrace.com

Contact persons :
Viamare, Patrik Mehks, Tel +46-705-36 55 19
KSSS, Fredrik Feldreich, Tel +46-702-13 20 65
Volvo Event Management, Sven Österberg, Tel +46-708-44 95 65
SEB, Katarina Regårdh, Tel +46-707-63 93 26
Volvo Ocean Race, Lizzie Green, +44-1489-564 555
                                                                                                                                          

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