STOCKHOLM, Sweden, April 26, 2005 (PRIMEZONE) -- Autoliv Inc. (NYSE:ALV) (SSE:ALIV) -- the worldwide leader in automotive safety systems announced the following:
Decisions by the Board
The Autoliv Board of Directors declared a dividend of 30 cents per share of common stock. This dividend is payable on September 8, 2005 to all shareholders of record at the close of business on August 11, 2005. The Ex-date when the shares will trade without the right to the dividend is August 9.
Shareholders Meeting
The Company also held its Annual General Meeting (AGM) of Shareholders. Proxies from Shareholders were received in sufficient quantity to approve the proposals that came before the shareholders meeting.
This means that S. Jay Stewart and Sune Carlsson were re-elected directors of the corporation for a regular three-year term until the Annual General Meeting in 2008. Mr Roger Stone, whose present term also expired at the 2005 Annual Meeting, had previously announced that he would not stand for re-election. Ernst & Young AB was ratified as Autoliv's independent auditing firm for the fiscal year ending 2005.
Inquiries: Mats Odman, VP Corp. Comm., Phone. +46-8-58 72 06 23 Ray Pekar, Director Investor Relations Phone. +1-(248)-475-0427
Autoliv Inc. develops and manufactures automotive safety systems for all major automotive manufacturers in the world. Together with its joint ventures Autoliv has 80 facilities with 40,0000 employees in 30 vehicle-producing countries. In addition, the company has development and engineering centers in six countries around the world, including 20 test tracks, more than any other automotive safety supplier. Sales in 2004 amounted to US $6.1 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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