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Autoliv Declares Dividend

8 July 1997

Autoliv Declares Dividend

    STOCKHOLM, Sweden, July 8 -- The Board of Directors of
Autoliv Inc. (SSE: ALIV), a world-leading automotive safety
company, has today declared a dividend of US$0.11 per share of common stock
payable on September 4, 1997, to the Autoliv stockholders of record at the
close of business on August 7, 1997.
    Autoliv Inc. intends to make payments of dividends four times per year on
the first Thursday in the month of September, December, March and June,
provided these days are banking days.
    Autoliv Inc. manufactures airbags for driver, passenger and side-impact
applications, inflatable knee bolsters, seat belts and seat belt
pretensioners, steering wheels, seat components, child seats and electronics
for virtually all major automotive manufacturers in the world.  Autoliv Inc.
has more than 50 wholly-owned subsidiaries or joint ventures with 15,000
employees in 25 vehicle-producing countries worldwide.  In addition, the
Company has more research and development centers in the world, including 14
test tracks, than any other automotive safety supplier.  The company's shares
are listed on the New York Stock Exchange , its Swedish depository
receipts on the Stockholm Stock Exchange (SSE: ALIV) and its stock option on
the Chicago Board of Option Exchange (CBOE: ALV).

SOURCE  Autoliv Inc.