CHICAGO, April 25, 2002 (PRIMEZONE) -- Autoliv Inc. (NYSE:ALV) (SSE:ALIV), the worldwide leader in automotive safety systems, has held its annual meeting in Chicago. Shareholders' proxies were received in sufficient quantity to approve the proposals that came before the shareholders' meeting.
This means that Wilhelm Kull, S. Jay Stewart and Roger W. Stone were re- elected directors of the corporation for a regular three-year term, and Ernst & Young AB was ratified as Autoliv's independent auditing firm for 2002.
Board Meeting
At the board meeting, a dividend of 11 cents per share of common stock was declared. This dividend is payable on September 5, 2001 to all shareholders of record at the close of business on August 8, 2001.
Inquiries: Mats Odman, Dir. Corp. Com., Tel. +46(8)58 72 06 23, or mob. +46 (708) 32 09 33 Patrick Jarboe, Director Investor Relations, Tel. +1 (248) 475-0409
Website: www.autoliv.com
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 U.S. $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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