Autoliv intends to issue long-term debt securities

 (Stockholm, February 19,  2014) – – – Autoliv, Inc. announced today that as
part of its previously communicated strategy of adjusting its capital structure
and, in anticipation of the scheduled maturity of certain  debt obligations, the
Company intends to issue new senior long-term debt securities during the first
quarter of 2014.
The amount of the issuance is subject to market conditions and investor
interest. Autoliv intends to offer the notes principally to institutional
investors in an exempt offering made pursuant to the exemption from the
registration requirements under Section 4(a)(2) of the Securities Act of 1933,
as amended (the “Act”).

The offering has not been and will not be registered under the Act and may not
be offered or sold in the United States absent registration or an applicable
exemption from the registration requirements of the Act. The Company intends
this notice to comply with Rule 135c of the Act and, accordingly, this notice
does not constitute an offer to sell or the solicitation of an offer to buy any
security and shall not constitute an offer, solicitation or sale of any
securities in any jurisdiction in which such offer, solicitation or sale would
be unlawful.

Inquiries:

Thomas Jönsson, VP Corporate Communications:                       +46 8 587 206
27

Ray Pekar, Director Investor Relations:
+1 248 475 0427
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 more than 80 facilities
more than 56,000 employees in 29 countries. In addition, the Company has ten
technical centers in nine countries around the world, with 20 test tracks, more
than any other automotive safety supplier. Sales in 2013 amounted to US $8.8
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.
CAUTIONARY NOTE CONCERNING FORWARD-LOOKING STATEMENTS

This release contains statements that are not historical facts but rather
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. Such forward-looking statements include those
that address activities, events or developments that Autoliv, Inc. or its
management believes or anticipates may occur in the future. All forward-looking
statements, including without limitation, management’s examination of historical
operating trends and data, as well as estimates of future sales, operating
margin, cash flow, effective tax rate or other future operating performance or
financial results, are based upon our current expectations, various assumptions
and data available from third parties. Our expectations and assumptions are
expressed in good faith and we believe there is a reasonable basis for them.
However, there can be no assurance that such forward-looking statements will
materialize or prove to be correct as forward-looking statements are inherently
subject to known and unknown risks, uncertainties and other factors which may
cause actual future results, performance or achievements to differ materially
from the future results, performance or achievements expressed in or implied by
such forward-looking statements. 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 global light vehicle production; fluctuation in
vehicle production schedules for which the Company is a supplier, changes in
general industry and market conditions, changes in and the successful execution
of our capacity alignment, restructuring and cost reduction initiatives
discussed herein and the market reaction thereto; loss of business from
increased competition; higher raw material, fuel and energy costs; changes in
consumer and customer preferences for end products; customer losses; changes in
regulatory conditions; customer bankruptcies or divestiture of customer brands;
unfavorable fluctuations in currencies or interest rates among the various
jurisdictions in which we operate; component shortages; market acceptance of our
new products; costs or difficulties related to the integration of any new or
acquired businesses and technologies; continued uncertainty in pricing
negotiations with customers, our ability to be awarded new business; product
liability, warranty and recall claims and other litigation and customer
reactions thereto; higher expenses for our pension and other postretirement
benefits; work stoppages or other labor issues; possible adverse results of
pending or future litigation or infringement claims; negative impacts of
antitrust investigations or other governmental investigations and associated
litigation (including securities litigation) relating to the conduct of our
business; tax assessments by governmental authorities and changes in our
effective tax rate; dependence on key personnel; legislative or regulatory
changes limiting our business; political conditions; dependence on and
relationships with customers and suppliers; and other risks and uncertainties
identified under the headings “Risk Factors” and “Management’s Discussion and
Analysis of Financial Condition and Results of Operations” in our Annual Reports
and Quarterly Reports on Forms 10-K and 10-Q and any amendments thereto. The
Company undertakes no obligation to update publicly or revise any forward
-looking statements in light of new information or future events. For any
forward-looking statements contained in this or any other document, we claim the
protection of the safe harbor for forward-looking statements contained in the
Private Securities Litigation Reform Act of 1995, and we assume no obligation to
update any such statement.