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Autoliv Declares Dividend

10 June 1998

Autoliv Declares Dividend

    STOCKHOLM, Sweden, June 10 -- The Board of Directors of
Autoliv Inc. (SSE: ALIV), a leading global automotive safety
company, declared today a dividend of US $0.11 per share of common stock,
payable on Sept. 3, 1998, to the Autoliv stockholders of record at the close
of business on Aug. 6, 1998.
    Autoliv Inc. manufactures airbags for driver, passenger and side-impact
applications, knee bolsters, seat belts, pretensioners, steering wheels, seat
components, sensors and electronics for virtually all major automotive
manufacturers in the world.  Autoliv Inc. has 60 wholly-owned subsidiaries and
joint ventures with close to 20,000 employees in 27 vehicle-producing
countries.  Sales in 1997 totaled US $3.3 billion.  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 options on
the Chicago Board Options Exchange (CBOE: ALV).