ANNUAL GENERAL MEETING OF AB VOLVO

AB Volvos Annual General Meeting will take place on Wednesday, April 9
2003 at Lisebergshallen in Goteborg starting 2:00 p.m. The entrance to
Liseberg will open at 10:00 a.m for our shareholders. A seminar,
"Commercial vehicles and transports - a trade with growth" will be held
in Lisebergshallen.

AB Volvo will not arrange any press conference in connection with the
Meeting, but the Board of Directors of AB Volvo will be available to
answer questions from the media after the Meeting.

There will be a pressroom nearby the Meeting hall.

Notice of intention to participate in the Meeting may by given either by
telephone + 46 31 66 00 00, or by e-mail agm@volvo.com or in writing to
AB Volvo, Juridik, 405 08 Goteborg no later than Thursday April 3 at
12:00 noon.

Welcome!

Best Regards,

AB VOLVO

March 11, 2003

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 71,000 people, has production facilities in
25 countries and sells their products in more than 185 markets. Annual
sales of the Volvo Group amount to 18 billion euro. The Volvo Group is a
publicly-held company headquartered in Goteborg, Sweden. Volvo shares
are listed on the stock exchanges in Stockholm, London, Brussels and
Frankfurt and on NASDAQ in the US.