Autoliv Appoints New CFO

STOCKHOLM July 9, 2009; Autoliv, Inc. , worldwide leader in automotive safety, today announced that its Board of Directors has appointed Mats Wallin Vice President and Chief Financial Officer of the Company. He is currently Head of Corporate Control of Autoliv Inc. Mats Wallin succeeds Marika Fredriksson who will be leaving Autoliv to become CFO for Gambro AB, a global medical technology company and a leader in developing products, therapies and services to treat patients with acute or chronic renal failure.

Between 1985 and 2002, Mats Wallin held various positions of increasing responsibility in ABB, a global leader in power and automation technologies, where he acquired solid experience in both accounting and business operations. He started in the accounting department of the Swedish predecessor to ABB, ASEA AB. Between 1988-92, he was assistant manager Financial Report Consolidation at ABB’s global head quarters in Switzerland. He then held various positions for seven years at ABB’s plants and locations until he became Head of Corporate Control of ABB’s Swedish operations in 1999. During his time with ABB, one of his duties was converting ABB’s financial records to United States Generally Accepted Accounting Principles.

At Autoliv, which he joined in 2002, one of his responsibilities was the initial implementaŽtion of the Sarbanes-Oxley Act (SOX). He was also acting CFO of the Company for four months during 2008.

Mats Wallin, age 44, has a Bachelor of Science in Business Administration and Economics from the Uppsala University, Sweden. The change in the CFO position will become effective as of today, although Marika FredŽriksson will remain with Autoliv until the end of this month to ensure a smooth transition.

About Autoliv
Autoliv, Inc., the worldwide leader in automotive safety systems, develops and manufactures automotive safety systems for all major automotive manufacturers in the world. Together with its joint ventures, Autoliv has 80 facilities with approximately 34,000 employees in 31 countries. In addition, the Company has technical centers in eleven countries around the world, with 21 test tracks, more than any other automotive safety supplier. Sales in 2008 amounted to US $6.5 billion. The Company's shares are listed on the New York Stock Exchange and its Swedish Depository Receipts on the OMX Nordic Exchange in Stockholm (ALIVsdb).