---

Autoliv Declares Dividend

6 August 1999

Autoliv Declares Dividend

    STOCKHOLM, Sweden, Aug. 5 -- The Board of Directors of
Autoliv Inc. , the worldwide leader in automotive safety
systems, has declared a dividend of 11 cents per share of common stock payable
on December 2, 1999 to all shareholders of record at the close of business on
November 4, 1999.
    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.)