Autoliv Raises Dividend - Again

STOCKHOLM, Sweden--Autoliv Inc. (STO:ALIV), the worldwide leader in automotive safety systems, today announced that its quarterly dividend will be increased by 5% to 39 cents per share from 37 cents. The dividend will be payable on Thursday, June 7, 2007 to Autoliv shareholders of record on the close of business on Thursday, May 10, 2007. The Ex-date, when the shares will trade without the right to the dividend, will be May 8.

The dividend was also raised by 6% in May 2006 for the third quarter 2006 and by 9% in August for the fourth quarter. The quarterly dividend has been increased nine times and more than tripled during the past four years, i.e., a compounded annual growth rate of 30%.

In order to create value for its shareholders, Autoliv also has an active share repurchase program in addition to the quarterly dividends. Through this program, the Company has returned more than one billion dollars to shareholders since the program was adopted in 2000 and $221million during last year. During 2006, Autoliv also paid quarterly dividends of $112 million. The total amount of $333 million that has been returned to shareholders exceeded the Company’s cash flow before financing by 23%. In relation to the Company’s average market capitalization during 2006 the amount returned to shareholders represents a total yield of 7.4%.

Autoliv Inc. develops and manufactures automotive safety systems for all major automotive manufacturers in the world. Together with its joint ventures, Autoliv has 80 facilities with more than 40,000 associates in some 30 vehicle-producing countries. In addition, the company has technical centers in twelve countries around the world, including 20 test tracks, more than any other automotive safety supplier. Sales in 2006 amounted to US $6.2 billion. The Company's shares are listed on the New York Stock Exchange and its Swedish Depository Receipts on the Stockholm Stock Exchange (SSE: ALIV).

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