Autoliv to Appeal Court Ruling

12/8/2003 11:02 AM EST

(Stockholm, December 8, 2003)

Autoliv believes that it has met all its obligations under the contract
and will appeal the decision. Autoliv is confident that the decision
will be reversed.

The matter is expected to have no material effect on Autoliv's financial
results.

Inquiries:
Lars Westerberg, President & CEO, Autoliv Inc. Tel +46 (705) 91 10 37
Mats Ödman, Dir. Corp. Comm., Autoliv Inc. Tel +46 (708) 32 09 33

Autoliv Inc. develops and manufactures automotive safety systems for all
major automotive manufacturers in the world. Together with its joint
ventures Autoliv has 80 facilities with over 35,000 employees in 30
vehicle-producing countries. In addition, the company has technical
centers in nine countries around the world, including 20 test tracks,
more than any other automotive safety supplier. Sales in 2002 amounted
to US $4.4 billion. The Company's shares are listed on the New York
Stock Exchange (NYSE: ALV) and its Swedish Depository Receipts on the OM
Stockholm Stock Exchange (SSE: ALIV).