ARROW TRUCK SALES EXPANDS ITS "ARROW CERTIFIED"™ PROGRAM TO INCLUDE MEDIUM-DUTY TRUCKS

June 2006

Arrow Truck Sales, Inc., North America's leading pre-owned truck source, announced that it has broadened its Arrow Certified pre-owned truck program to include medium-duty trucks. The program, launched earlier this year, previously included only Class 8 tractors. The Arrow Certified program is designed to provide truck buyers with the highest quality pre-owned trucks, each backed by a 6-month/50,000 mile limited warranty. Arrow Certified medium-duty trucks will include vocational and specialty trucks, such as dump trucks, refrigerated vehicles, and moving vans, from a variety of manufacturers.

"By including medium-duty trucks in the Arrow Certified program, we are providing the greatest customer assurance possible to all of our customers," said Carl Heikel, President and CEO of Arrow Truck Sales. "Arrow Certified represents the best value in the industry, and now it also represents the widest selection."

Only trucks less than five model years old and with fewer than 175,000 miles, in Classes 3-7, are eligible to be Arrow Certified Medium-Duty. The trucks selected to be certified undergo an extensive inspection and reconditioning process to insure their quality, value and reliability. The six-month/50,000 mile warranty, which was already standard on all Class 8 Arrow Certified vehicles, covers the engine, transmission, and rear axle(s), as applicable.

Lee Wallace, Arrow's Senior Vice President of Sales and Marketing, stated, "Our competitors typically offer 30-day warranties on their own 'certified' used trucks. As a leader in the industry, we want to offer the best standard warranty in the business on all of our Arrow Certified trucks."

Arrow Truck Sales, Inc. is North America's leading source of pre-owned heavy- and medium-duty trucks. Arrow carries all makes and models, maintaining a diverse inventory of nearly 2,000 over-the-road tractors, vocational and specialty vehicles, and trailers. Arrow's commitment to integrity, quality, value, and selection has earned the business of fleets and owner-operators across North America since 1950. The company also operates a Purchasing & Wholesale Division. Arrow is headquartered in Kansas City, Missouri, and has 18 retail locations throughout the U.S. and Canada.

Arrow Truck Sales, Inc. is part of the Volvo Group of companies, a publicly-held company headquartered in Gothenburg, Sweden. With 2005 sales of approximately $31 billion, Volvo's business areas include heavy trucks, buses, construction equipment, marine and industrial drive systems, aerospace, and financial services. In the United States, Volvo shares are listed on NASDAQ and are traded as ADRs (symbol: VOLV).