---

Autoliv Builds New Plant in Turkey

19 March 1999

Autoliv Builds New Plant in Turkey

    STOCKHOLM, Sweden, March 19 -- Autoliv Inc.
, a worldwide leader in automotive safety, has begun construction of
a new plant that will produce seat belts, airbags and steering wheels both for
the Turkish market and the other markets in Europe.  The need for this US $10
million investment stems from demand for new products, as well as from
additional contracts for Autoliv's existing products.  The new plant, which
will replace Autoliv's existing, rented facility in Turkey, will also be
closer to the major car producers.  It is located in the Gebze Industrial Zone
(90 km from the Istanbul International airport).
    Autoliv Cankor in Turkey is currently supplying Renault, Ford, Hyundai,
Tofas-Fiat and some commercial vehicle producers in Turkey, as well as
exporting to European producers.  The Company also has recently been awarded
additional contracts by Renault and Ford for new vehicles that will be
launched in Turkey next year.
    Annual light vehicle production in Turkey is expected to grow by 50% from
350,000 last year to 550,000 by the year 2001, since major vehicle producers
have decided to use their Turkish plants for export to the European Union
countries.
    Autoliv's new plant will be operational before the end of this year.  The
first expansion phase will include a 12,000 square meter (approx. 130,000 sq.
ft) production and office building on the 25,000 sq. meter site.

    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 more than 20,000 employees in
28 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 1998 amounted to close to US $3.5 billion
and net income US $188 million.  The company's shares are listed on the New
York Stock Exchange , its Swedish Depositary Receipts on the
Stockholm Stock Exchange (SSE: ALIV) and its stock options on the Chicago
Board Options Exchange (CBOE: ALV.)

    CONTACT:  Lars Westerberg, President & C.E.O., +46-8-58-72-06-20, or
              Mats Odman, Dir. Corporate Communications, +46-8-58-72-06-23, or
              mobile, +46-708-32-09-33, both of Autoliv Inc.