Autoliv Elects New Board Director

Mr. Alspaugh was also appointed to Autoliv's Audit Committee wherehe replaces Mr. George A. Lorch, who was appointed to the Company'sCompensation Committee.

The Board has determined that Mr. Alspaugh qualifies as an"independent" director and as a "financial expert" under applicablerules and regulations. He holds no shares in Autoliv and has norelated transactions with the Company.

Throughout his 36-year career with KPMG, Robert Alspaugh served asthe senior partner for a diverse array of companies across a broadrange of industries. He has worked with global companies both inEurope and Japan, as well as those headquartered in the United States.

Between May 2002 and October 2005, when he was CEO of KPMGInternational, he was responsible for implementing the strategy ofthis global organization, which includes member firms in nearly 150countries with more than 100,000 employees. Prior to this prominentposition, he served as Deputy Chairman and Chief Operating Officer ofKPMG's U.S. practice from September 1998.

Mr. Alspaugh was born in 1947 in Waxahachie, Texas, and graduatedsumma cum laude from Baylor University in 1970.

Autoliv Inc. develops and manufactures automotive safety systemsfor all major automotive manufacturers in the world. Together with itsjoint ventures Autoliv has 80 facilities with nearly 39,000 employeesin 30 vehicle-producing countries. In addition, the company hasdevelopment and engineering centers in six countries around the world,including 20 test tracks, more than any other automotive safetysupplier. Sales in 2005 amounted to US $6.2 billion. The Company'sshares are listed on the New York Stock Exchange (NYSE:ALV) and itsSwedish Depository Receipts on the OM Stockholm Stock Ex-change(STO:ALIV).

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