Autoliv Appoints New Head of Corporate Communications

(Stockholm, November 28, 2012) – – – Autoliv Inc. – the global leader in automotive safety systems – has appointed Mr. Thomas Jönsson to become its Vice President of Corporate Communications.

He will replace Mr. Mats Ödman who will retire in 2013 after 18 years with the company.

Mr. Jönsson, age 46, is currently Vice President of Brand and External Communications, for TeliaSonera, a position he has held since June 2010. Before joining TeliaSonera, Mr. Jönsson led an international career in communications working for Nokia, which he joined in 1999. During his 11 years with Nokia, he held various positions in Sweden, the United Kingdom, Finland, and the People’s Republic of China. Mr. Jönsson started his career in communications with Intel Corporation in 1996.

He has studied Business Administration at the University of Stockholm.

Mr Jönsson will join Autoliv in January next year and work together with Mr. Ödman during a transition period.

“I want to welcome Thomas Jönsson to Autoliv. His broad, international experience in communications will be a great asset for Autoliv”, said Jan Carlson, President & CEO of Autoliv and continued:

“I would also like to thank Mats Ödman who will retire after 18 years of distinguished service to our company. Mats came to Autoliv shortly after the company went public and has built our communications organization. For this and many other services he has done our company I want to express our sincere thanks”, concluded Jan Carlson

Inquiries:

Jan Carlson, President & CEO, Autoliv Inc.                 Tel +46-8-587 20 600

Thomas Jönsson,                                                         Tel +46-70-680 3088

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 more than 50,000 employees in 29 countries. In addition, the Company has ten technical centers in nine countries around the world, with 21 test tracks, more than any other automotive safety supplier. Sales in 2011 grew by 15% to US $8.2 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.

About Us

Autoliv, Inc. is the worldwide leader in automotive safety systems, and through its subsidiaries develops and manufactures automotive safety systems for all major automotive manufacturers in the world. Together with its joint ventures, Autoliv has Close to 67,000 associates in 27 countries. In addition, the Company has 14 technical centers around the world, with 19 test tracks. The Company's shares are listed on the New York Stock Exchange (NYSE: ALV) and its Swedish Depository Receipts on Nasdaq Stockholm (ALIV sdb). For more information about Autoliv, please visit our company website at www.autoliv.com.

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