Autoliv Receives Japanese Award

(Stockholm, Jan. 14, 2004) - Autoliv, the worldwide leader in automotive safety systems, has recently won an award for its world-class manufacturing excellence. The award, which is The TPM Excellence - First Category, was given to Autoliv's French subsidiary, Autoliv France, by the Japanese Institute of Plant Maintenance (JIPM). In 2003, the JIPM-Institute awarded 69 companies with its first category award. Most of these companies were Japanese, and only nine European, including two from France. JIPM's goal with its prize is to improve companies' results and to create motivating work conditions. "We are honored and delighted to have been selected for this prestigious award," declared Benoît Marsaud, who is both President of Autoliv France and the manufacturing director globally for Autoliv Inc. "This award is the result of many people's hard work in Autoliv. It will inspire us to continue to deliver world-class manufacturing excellence," he added. In JIPM's evaluation of candidates for the prize, the Japanese institute audits the following eleven factors and activities: TPM (Total Productive Maintenance) policy and objectives; TPM organizations and activities; Individual Improvement activities; Autonomous Maintenance activities; Planned Maintenance activities; Quality by Maintenance activities; Project Development activities; Training and Education; Maintenance in Administrative departments; Safety, Sanitation and Environment; as well as TPM results, effects and evaluation Inquiries: Lars Westerberg, President & CEO, Autoliv Inc., Tel +46-8-587 20 600 Benoît Marsaud, Vice President Manufacturing, Autoliv Inc., Tel +33-2-32 89 40 90

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