Autoliv Declares Dividend

Stockholm, SWEDEN


STOCKHOLM, Sweden, Feb. 12, 2002 (PRIMEZONE) -- Autoliv Inc. (NYSE:ALV) and (SSE:ALIV), the worldwide leader in automotive safety, has declared a dividend of US $.11 per share of common stock, payable on Thursday June 6, 2002, to the Autoliv stockholders of record of the close of business on Wendesday May 8, 2002.

Autoliv Inc. develops and manufactures automotive safety systems for all major automotive manufacturers in the world. Together with its joint ventures Autoliv has close to 80 facilities with almost 30,000 employees in more than 30 vehicle-producing countries. In addition, the company has nine technical centers around the world, including 20 test tracks, more than any other automotive safety supplier. Sales in 2001 amounted to US $4 billion. The Company's shares are listed on the New York Stock Exchange (NYSE:ALV) and its Swedish Depository Receipts on the OM Stockholm Stock Exchange (SSE:ALIV).

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