Autoliv Declares Dividend

(Stockholm, February 19, 2013) – – – The Board of Directors of Autoliv Inc.
(NYSE: ALV and SSE: ALIV sdb) – the worldwide leader in automotive safety
systems – today declared a quarterly dividend to shareholders of  50 cents per
share for the second quarter 2013, unchanged from the first quarter.
The dividend declared today will be payable on Friday, June 7, 2013 to Autoliv
stockholders of record on the close of business on May 22, 2013. The ex-date
when the shares will trade without the right to the dividend will be Monday, May
20.

The dividend amount paid to stockholders is expected to be approximately $48
million, based on the current number of outstanding shares.

Stockholders AGM

As previously announced, the Board of Directors has set Tuesday May 7, 2013 as
the date for the Annual General Meeting of Stockholders to be held in Chicago,
IL, USA.

Only holders of record at the close of business on March 11, 2013 will be
entitled to be present and vote at the Meeting. Notice of the Annual General
Meeting will be delivered to the holders of record in the last week of March.

All of the directors with terms expiring at the 2013 Annual Meeting (i.e. Mr.
Robert W. Alspaugh, Mr. Bo Andersson and Dr. Wolfgang Ziebart) will be nominated
for re-election at the Annual Meeting.

Inquiries:
Jan Carlson, President and CEO, Tel. +46-8-587 20 600
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 approximately 80
facilities with approximately 50,000 employees in 29 countries. In addition, the
Company has eighteen technical centers in nine countries around the world, with
20 test tracks, more than any other automotive safety supplier. Sales in 2012
amounted to US $8.3 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.

Safe Harbor Statement

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 (PSLRA). All such statements are based upon our
current expectations and various assumptions, and apply only as of the date of
this report. Our expectations and beliefs are express­ed in good faith and we
believe there is a reasonable basis for them. How­ever, there can be no
assurance that forward-looking statements will materialize or prove to be
correct. Because such state­ments involve risks and uncer­tainties, the outcome
could differ materially from those set out in the statements. For a summary of
such risk factors, please refer to our latest 10-K and 10-Q filed with the SEC.
Except for our ongoing obligation to disclose information under law, we
under­take no obligation to update publicly any forward-looking statements
whether as a result 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
PSLRA.