AB Volvo Publishes Annual Report for 2007

STOCKHOLM, Sweden--(Business Wire)--
Regulatory News:

Today, Wednesday, March 12, AB Volvo
(NASDAQ:VOLV)(STO:VOLVA)(STO:VOLVB)has published its Annual Report for
2007. The Report is available on Volvo's website, www.volvogroup.com.

In the Annual Report there is further information on the Volvo
Group's:

-- Strong sales growth

-- Continued good profit level

-- Strengthened presence in important growth markets and key
product segments

-- Continued strong operating cash-flow in Industrial operations.

The Annual Report is available in both a web version adapted for
on-screen reading and as a PDF-document for download.

March 12, 2008

Visit http://www.thenewsmarket.com/volvogroup to access
broadcast-standard video from Volvo Group. You can preview and request
video, and choose to receive as a MPEG2 file or by Beta SP tape.
Registration and video is free to the media.

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 14.15 p.m. March 12,
2008.

The Volvo Group is one of the world's leading manufacturers of
trucks, buses and construction equipment, drive systems for marine and
industrial applications, aerospace components and services. The Group
also provides complete solutions for financing and service. The Volvo
Group, which employs about 100,000 people, has production facilities
in 19 countries and sells their products in more than 180 markets.
Annual sales of the Volvo Group amount to about SEK 285 billion. The
Volvo Group is a publicly-held company headquartered in Goteborg,
Sweden. Volvo shares are listed on OMX Nordic Exchange Stockholm.

This information was brought to you by Cision
http://newsroom.cision.com

Volvo AB
Media Relations: Marten Wikforss
+46 31 66 11 27 or +46 705 59 11 49
or
Investor Relations: Christer Johansson
+46 31 66 13 34 or +46 706 54 55 22

Copyright Business Wire 2008