Autoliv closes acquisition of Delphi passive safety operations in Asia

(Stockholm, April 1, 2010) --- Autoliv Inc. (NYSE: ALV), the worldwide leader in automotive safety, acquired – as agreed upon in January – substantially all of Delphi’s Occupant Protection Systems (OPS) operations in Korea and China. These operations are expected to contribute approximately $220 million to Autoliv sales in 2010.

This transaction includes intellectual property, physical assets and a highly skilled workforce of approximately 600 associates in Korea and China. Existing customers include Hyundai, Kia, Daewoo (GM), Chery and Tata. In 2009, Autoliv acquired assets relating to Delphi’s OPS operations in Europe and North America which are expected to add approximately $150 million to Autoliv’s sales during 2010. “This is an important acquisition for Autoliv – giving us immediate sales growth and bringing us closer to key customers in an important region” stated Jan Carlson, President and CEO of Autoliv. The Asian transaction closed as expected on March 31, 2010 and will be reflected in Autoliv’s revised full year and quarterly guidance on April 27, 2010. The OPS businesses in North America and Europe are reflected in Autoliv’s first quarter guidance as of March 22nd, 2010. Inquiries: Jan Carlson, President and CEO, Autoliv Inc., Tel +46 (0)8 587 20 600 Mike Hague, President Autoliv Korea, Tel + 82 10 5161 6503 Ray Pekar, Director IR and Business Development, Tel +1 519 973 3799