AB VOLVO PUBLISHES ANNUAL REPORT ON THE INTERNET

On March 13, AB Volvo will publish its Annual Report for 2002, but it is
already available from today on Volvo's website, www.volvo.com.

By publishing its Annual Report on the Internet prior to the release of
the printed version Volvo increases the availability and speed of its
information. Publishing on the Internet also makes the Report accessible
immediately it is completed.

March 10, 2003

For further information, please contact Patrik Stenberg, 
+46 31-66 13 36, +46 705-59 50 36