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Autoliv Invests in New Sensor Technologies

14 January 1999

Autoliv Invests in New Sensor Technologies
    STOCKHOLM, Jan. 13 -- Autoliv Inc.
, a worldwide leader in automotive safety systems,
has acquired 330,000 newly issued shares in the Norwegian sensor company
SensoNor as a means of supporting the development of new crash sensor
technologies.

    --  Autoliv has a permanent need for new and improved sensors for
        different crash directions, said Autoliv's Chairman and Chief
        Executive Officer Gunnar Bark.
    --  We have therefore made this investment of NOK10 million
        (approx. U.S.$2 million) in SensoNor.

    SensoNor is a world leading manufacturer of electronic accelerometers and
one of Autoliv's major suppliers of such crash sensors.  The company's share
is listed on the Oslo Stock Exchange.
    Autoliv Inc. develops and manufactures automotive safety systems for all
major automotive manufacturers in the world.  The company has 60 wholly-owned
subsidiaries and joint ventures with close to 20,000 employees in 27
vehicle-producing countries.  In addition, the company has eight technical
centers around the world, including 19 test tracks, more than any other
automotive safety supplier.  Sales in 1997 totaled U.S.$3.3 billion and net
income U.S.$185 million.  The company's shares are listed on the New York
Stock Exchange , its Swedish Depositary Receipts on the Stockholm
Stock Exchange (Stockholm: ALIV) and its stock options on the Chicago Board
Options Exchange (CBOE: ALV).