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Autoliv Declares Dividend

11 August 2000

Autoliv Declares Dividend

    STOCKHOLM, Sweden, Aug. 11 Autoliv Inc.
(SSE: ALIV), a worldwide leader in automotive safety, has today declared a
dividend of US $.11 per share of common stock, payable on
Thursday December 7, 2000, to the Autoliv stockholders of record on the close
of business on Thursday November 9, 2000.

    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 27,000 employees in 29 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 1999 amounted to close to US $3.8 billion and net income
US $200 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.)

    Inquiries:
    Mats Odman, Dir. Corp. Comm., Tel. +46-8-58-72-06-23,
    or mob. +46-708-32 09-33
    Patrick Jarboe, Director Investor Relations, Tel. 248-475-0407

    Website:  http://www.autoliv.com