Autoliv Signs Revolving Credit Facility

(Stockholm, April 18, 2011) - - Autoliv, Inc. (NYSE: ALV and SSE: ALIV)
- the worldwide leader in automotive safety - has entered into a new
$1.1 billion multi-currency revolving credit facility agreement with a
group of 14 banks. The facility has a five-year maturity, with extension
options for up to two more years. The new agreement is for general
corporate purposes - including the refinancing of our existing $1.1
billion syndicated facility, which matures in November 2012.

Autoliv is pleased to announce that the refinancing of its core
$1,100-million credit facility has been successfully closed, with a
significant oversubscription from new and existing lenders.

The active bookrunners, co-ordinators and mandated lead arrangers are
Mizuho, Nordea and SEB. The other bookrunning mandated lead arrangers
are BTMU, ING and Société Générale. The lead arrangers are DnB Nor,
HSBC, JP Morgan and Morgan Stanley. The arrangers are Bank of China,
Danske Bank, Deutsche Bank and Northern Trust. The banking group
reflects Autoliv's strengthened position in Asia with four Asian banks
participating.

Hannes Wadell, Autoliv's Treasurer, commented: “We are very pleased with
the great success of this transaction, which achieved a 100% hit rate in
syndication with existing and several new lenders, demonstrating the
confidence that the credit market has in our company”. “Our financial
performance, evidenced by our strong investment grade credit rating,
continues to pay-off for us” added Mats Wallin, CFO of Autoliv.

This financial commitment does not have any financial covenants, i.e.
performance-related restrictions, as with all of the existing principal
debt arrangements of Autoliv, Inc.

The entire documentation will be filed with SEC at
www.sec.gov (http://www.sec.gov/).

Inquiries:
Mats Wallin, CFO and Vice President of Finance, Autoliv Inc.
Tel. +46 8 587 20 619

Hannes Wadell, Treasurer, Autoliv Inc.
Tel. +46 8 587 20 655