ARROW TRUCK SALES ANNOUNCES NEW INSURANCE PROGRAMS FOR CUSTOMERS

March 2005

Arrow Truck Sales, Inc. announced that it has teamed up with Lockton Risk Services to offer the "Arrow Insurance Advantage" program. With these new offerings, Arrow's pre-owned truck customers can quickly and easily protect their investments with Physical Damage Insurance and Non-Trucking Liability coverage. The program features several options to meet individual needs. Administered by Lockton, coverage is provided by an insurance company rated "Excellent" by A.M. Best, the leading provider of rating and financial information for the global insurance industry.

"Our new 'Arrow Insurance Advantage' program will provide peace of mind and even greater convenience for our customers," said Lee Wallace, senior vice president of sales and operations for Arrow. "In addition to our current on-site financing and extended warranty options, this program truly makes Arrow a one-stop shop and sets us apart from our competitors."

In addition to Physical Damage Insurance and Non-Trucking Liability options, the Arrow Insurance Advantage program currently offers GAP protection, which provides further financial safeguards for the truck buyer. Used truck buyers can now take care of all their needs at one location and be on the road with the right truck, the right financing and the right protection.

Arrow Truck Sales, Inc., celebrating its 55th anniversary in 2005, is America's best source of pre-owned medium- and heavy-duty trucks. Arrow carries all makes and models, maintaining a diverse inventory of more than 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 for 55 years. 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 2004 sales of approximately $27 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).