Autoliv Declares Dividend and Calls Stockholders Meeting

(Stockholm, Dec. 19, 2006) – The Board of Directors of Autoliv Inc. (NYSE: ALV and SSE: ALIV), the worldwide leader in automotive safety, today declared a quarterly dividend of 37 cents per share of common stock.

The dividend is payable on Thursday March 1, 2007 to all Autoliv shareholders of record at the close of business on Thursday February 1, 2007. The ex-date (when the shares trade without the right to the dividend) is on Tuesday January 30.

Shareholders Meeting
The Autoliv Board also set May 3, 2007 as the date for the Annual General Meeting of Stockholders to be held in Chicago, IL, USA.

Holders of record at the close of business on March 6, 2007 will be entitled to be present and vote at the Meeting. Notice of the General Meeting, the Annual Report and the Proxy Statement will be mailed to Autoliv's stockholders in the week of March 12, 2007.

Shareholders are urged to return their proxies regardless of whether or not they plan to attend the Meeting.


Inquiries:
Mats Ödman, Dir. Corp. Com., Tel. +46 (0)8 58 72 06 23, or mobile +46 (0)708 32 09 33
Ray Pekar, Director Investor Relations, Tel. +1 (248) 475-0427


Autoliv Inc.
Klarabergsviadukten 70, Sec. C
P. O. Box 703 81, SE-107 24 Stockholm, Sweden
Tel +46 (8) 58 72 06 23, Fax +46 (8) 24 44 79
e-mail: mats.odman@autoliv.com

Autoliv North America, Inc.
1320 Pacific Drive
Auburn Hills, MI 48326-1569, USA
Tel +1 (248) 475-0427, Fax +1 (801) 625-6672
e-mail: ray.pekar@autoliv.com