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Report From the Autoliv Shareholders' Meeting

5 May 2000

Report From the Autoliv Shareholders' Meeting

    CHICAGO, May 4 Autoliv Inc. , the
worldwide leader in automotive safety systems, held its annual meeting in
Chicago today.  Shareholders' proxies were received in sufficient quantity to
approve the proposals that came before the shareholders' meeting.
    This means that Gunnar Bark and Per Welin were re-elected directors of the
corporation for a regular three-year term, and Ernst & Young AB was ratified
as Autoliv's independent auditing firm for 2000.

    Dividend
    At the board meeting today, a dividend of 11 cents per share of common
stock was declared.  This dividend is payable on September 7, 2000 to all
shareholders of record at the close of business on August 10, 2000.