Autoliv Declares Dividend and Holds AGM

(Stockholm, April 26, 2005)– Autoliv Inc. (NYSE: ALV and SSE: ALIV) – the worldwide leader in automotive safety systems announced the following: Decisions by the Board The Autoliv Board of Directors declared a dividend of 30 cents per share of common stock. This dividend is payable on September 8, 2005 to all shareholders of record at the close of business on August 11, 2005. The Ex-date when the shares will trade without the right to the dividend is August 9. Shareholders Meeting The Company also held its Annual General Meeting (AGM) of Shareholders. Proxies from Share­holders were received in sufficient quantity to approve the proposals that came before the shareholders meeting. This means that S. Jay Stewart and Sune Carlsson were re-elected directors of the corporation for a regular three-year term until the Annual General Meeting in 2008. Mr Roger Stone, whose present term also expired at the 2005 Annual Meeting, had previously announced that he would not stand for re-election. Ernst & Young AB was ratified as Autoliv's independent auditing firm for the fiscal year ending 2005. Inquiries: Mats Ödman, VP Corp. Comm., Phone. +46-8-58 72 06 23 Ray Pekar, Director Investor Relations Phone. +1-(248)-475-0427

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