Public borrowing facilities

A brief summary of Volvofinans' public borrowing facilities is presented below. For more detailed information, please contact one of the issuing institutions or the Volvofinans Treasury Department.

Nordic commercial paper programme

Limit:	SEK 15,000,000,000 or the equivalent in DKK, EUR or NOK.
Arranger:	SEB
Issuing institutions:	Danske Bank, Swedbank, Handelsbanken, Nordea, SEB and SEK.
Terms:	Up to 365 days.
Other:	Negative clause Registration at VPC (Swedish Securities Register Center). Registration at OM Räntebörsen AB (OM Fixed Income Exchange).

Medium Term Note programme

Limit:	SEK 12,500,000,000 or the equivalent in EUR.
Arranger:	Handelsbanken
Issuing institutions:	Danske Bank, Swedbank, Handelsbanken, Nordea, SEB AND SEK.
Terms:	1 to 15 years
Other:	Negative clause Registration at VPC (Swedish Securities Register Center).

ECP Programme (Euro-Commercial Paper)

Arranged by:	SEB
Dealers:	SEB Credit Suisse First Boston Handelsbanken
Amount:	EUR 500 M
Currencies:	USD, EUR, GBP, CHF or any other currency on which the borrower and dealer agree and which does not deviate from what is stipulated in the agreement.
Duration:	7-365 days
Law:	English law
Issuing and Paying Agent:	Deutsche Bank