Per Ericsson Named New Head of Volvo Event Management Golf

Regulatory News:

   Per Ericsson has been named new manager of Volvo (Nasdaq:VOLV)
(STO:VOLVA) (STO:VOLVB) Event Management Golf, succeeding Mel Pyatt,
who has retired. Per Ericsson will assume his position on June 1.

   Per Ericsson, 45, is a graduate economist and has more than 20
years experience in leading positions within events and media,
including from the Swedish Exhibition Center in Goteborg and the Carat
media agency. He has also served as CEO of Novamedia that, among other
products, produces the Swedish TV game shows Bingolotto and
Postkodmiljonaren.

   "Few get the privilege of working with the Volvo brand for a
long-term positioning in which golf is an important ingredient and
there was no way to say no," says Per Ericsson. "Volvo's three main
golf tournaments are truly top-quality events that promote a strong
brand. I am also a strong fan of amateur golf and hope to further
develop Volvo Amateur Masters, which has enormous potential."

   Volvo's sponsoring within golf involves the Volvo Masters, Volvo
China Open, Volvo Masters of Asia and Volvo Amateur Masters.

   Per Ericsson's golf handicap is 15.

   This information was brought to you by Cision
http://newsroom.cision.com
  
    
  
  
    
      Regulatory News:
    
    
      Per Ericsson has been named new manager of Volvo (Nasdaq:VOLV) 
      (STO:VOLVA) (STO:VOLVB) Event Management Golf, succeeding Mel Pyatt, who 
      has retired. Per Ericsson will assume his position on June 1.
    
    
      Per Ericsson, 45, is a graduate economist and has more than 20 years 
      experience in leading positions within events and media, including from 
      the Swedish Exhibition Center in Göteborg and 
      the Carat media agency. He has also served as CEO of Novamedia that, 
      among other products, produces the Swedish TV game shows Bingolotto and 
      Postkodmiljonären.
    
    
      “Few get the privilege of working with the 
      Volvo brand for a long-term positioning in which golf is an important 
      ingredient and there was no way to say no,” 
      says Per Ericsson. “Volvo’s 
      three main golf tournaments are truly top-quality events that promote a 
      strong brand. I am also a strong fan of amateur golf and hope to further 
      develop Volvo Amateur Masters, which has enormous potential.”
    
    
      Volvo’s sponsoring within golf involves the 
      Volvo Masters, Volvo China Open, Volvo Masters of Asia and Volvo Amateur 
      Masters.
    
    
      Per Ericsson’s golf handicap is 15.
    
    
      This information was brought to you by Cision http://newsroom.cision.com