Autoliv Exercises Its Option in Norma

Autoliv Exercises Its Option in Norma (Stockholm, February 10, 2000) -- Autoliv Inc. (NYSE: ALV and SSE: ALIV), the worldwide leader in automotive safety systems, has exercised its option to acquire another 1.5% of the shares in the Estonian company Norma AS - the dominant seat belt supplier to the Russian vehicle industry. Following the increase, Autoliv's interest in Norma amounts to 51%. There are no plans to increase the shareholding further. Autoliv Inc. develops and manufactures automotive safety systems for all major automotive manu-facturers in the world. The company has more than 60 wholly-owned subsidiaries and joint ventures with close to 23,000 employees in 29 vehicle-producing countries. In addition, the company has eight tech-nical centers around the world, including 19 test tracks, more than any other automotive safety supplier. Sales in 1999 amounted to US $3.8 billion and net income US $200 million. The company's shares are listed on the New York Stock Exchange (NYSE: ALV), its Swedish Depositary Receipts on the Stockholm Stock Exchange (SSE: ALIV) and its stock options on the Chicago Board Options Exchange (CBOE: ALV.) ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/02/10/20000210BIT00240/bit0001.doc http://www.bit.se/bitonline/2000/02/10/20000210BIT00240/bit0002.pdf