Autoliv to Make Another Subsidiary Wholly Owned

Autoliv to Make Another Subsidiary Wholly Owned 

(Stockholm, March 1, 2010) --- The Autoliv Inc. Group (NYSE: ALV), the worldwide
leader in automotive safety products, today announced its intention to  make a
cash offer for all outstanding shares not owned by the Group in its 51%-owned
Estonian subsidiary Aktsiaselts Norma (“Norma”). An offering prospectus for
approval by the Estonian Financial Supervisory Authority (EFSA)will be filed
today.

Norma is the leading supplier of automotive safety products for the Russian
market and an important component supplier to Autoliv. Last year, it had sales
of €50 million and 600 employees. The Norma shares are listed on the Tallin
Stock Exchange. 

Shareholders  representing 26.4% of the outstanding shares in Norma have over
the past weekend made irrevocable sales commitments for the planned offer. Total
cost for the 49% outstanding shares amounts to approximately $50 million. The
planned acquisition is expected to have virtually no effect on Autoliv's
earnings per share for 2010.  

The offer is conditioned upon the Autoliv Group  reaching at least 90 percent of
all shares in Norma. The offer is made through AS Automotive Holding, a
100%-owned subsidiary of Autoliv. 

Regarding the tender offer, Autoliv's President and Chief Executive Officer, Jan
Carlson, explained:
“Norma is facing certain challenges as vehicle manufacturers require their
suppliers to be global. In addition, car manufacturers want their suppliers to
continuously provide them with new technologies. These technologies are very
expensive to develop and as a smaller player Norma has limited resources to do
this. 
At the same time, system suppliers such as Autoliv have a need for efficient and
financially solid component manufacturers such as Norma, and Norma could with
the support of Autoliv take advantage of restructuring opportunities in the
automotive component industry. Therefore, expansion in component supply and
integration into Autoliv's pan-European manufacturing and logistics system
provides a strong platform for Norma and its employees.  In addition, it will be
easier to coordinate sales to the Russian plants of our global customers if all
Autoliv companies active in this market have the same ownership structure”,
explained Mr. Jan Carlson.   

Inquiries: 
Jan Carlson, President and CEO, Autoliv Inc., Tel +46 8 587 20656
Mats Ödman, Vice President corp. comm.. Autoliv Inc Tel +46-708-32 09 33

Geographical Restrictions
This press release is not an offer to acquire shares.. 
In addition, the offer will not be made to persons whose participation would
require an additional offer document, registration or actions other than those
required under Estonian law.

About Autoliv
Autoliv Inc., the worldwide leader in automotive safety systems, develops and
manufactures automotive safety systems for all major automotive manufacturers in
the world. Together with its joint ventures, Autoliv has 80 facilities with
approximately 38,000 employees in 29 vehicle-producing countries. In addition,
the Company has technical centers in ten countries around the world, with 21
test tracks, more than any other automotive safety supplier. Sales in 2009
amounted to US $5.1 billion. The Company's shares are listed on the New York
Stock Exchange (NYSE: ALV) and its Swedish Depository Receipts on the OMX Nordic
Exchange in Stockholm (ALIV sdb). For more information about Autoliv, please
visit our company website at www.autoliv.com.

About Norma 
Norma's main field of activity is production and sale of car safety systems,
including seat belts and their components, for the Russian market and assembly
of seatbelts for Volvo as a subcontractor to Autoliv. Norma also manufactures
components for Autoliv and other global safety systems suppliers, as well as
tools for plastic injection molding and stamped steel parts. The company also
offers engineering services related to design and tooling  of car safety systems
and seatbelts. 

 
Safe Harbor Statement 
This press release contains statements that are not historical facts but rather
forward-looking statements within the meaning of the United States federal
Private Securities Litigation Reform Act of 1995 (PSLRA). Such forward-looking
statements are those that address activities, events or developments that
Autoliv or its management believes or anticipates may occur in the future,
including statements relating to industry trends, business opportunities, sales
contracts, sales backlog, and on-going commercial arrangements and discussions,
as well as any statements about future operating performance or financial
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statements will materialize or prove to be correct. Because these
forward-looking statements involve risks and uncertainties, the outcome could
differ materially from those set out in the forward-looking statements for a
variety of reasons, including without limitation, changes in general industry
and market conditions, increased competition, changes in consumer preferences
for end products, customer losses and changes in regulatory conditions, customer
bankruptcies, consolidations or restructuring, divestiture of customer brands,
the economic outlook for Autoliv's markets, fluctuation in vehicle production
schedules for which Autoliv is a supplier, continued uncertainty in program
awards and performance, pricing negotiations with customers, product liability,
warranty and recall claims and other litigations, possible adverse results of
pending or future litigation or infringement claims, legislative or regulatory
changes, dependence on customers and suppliers, as well the risk factors set
forth in our Annual Report on Form 10-K for the year ended December 31, 2009.
Except for our ongoing obligation to disclose information under the U.S. federal
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