Autoliv Appoints New CFO

STOCKHOLM, Sweden--(Business Wire)--
Regulatory News:

Autoliv Inc (NYSE:ALV) (STO:ALIV), the global leader in automotive
safety systems, has appointed Marika Fredriksson as Vice President
Finance and new Chief Financial Officer. She is currently Senior Vice
President Finance & Strategy and Chief Financial Officer of Volvo
Construction Equipment (VCE) in Brussels, Belgium. She will assume her
new position by September 1.

In her current position, which she has held since September 2004,
Marika has been responsible for all finance related matters and
strategies for VCE. This company has sales of $7.8 billion and 16,000
employees (including the recent acquisition of Ingersoll Rand's road
construction division). She joined the Volvo Group in 1996 as Area
Manager Sales Financing and was appointed in 1998 Finance Director of
Volvo Construction Equipment International AB in Sweden. In 2001, she
was promoted to Senior Vice President and CFO of that company.

Prior to joining Volvo, she was a management consultant with
Vilnius Stiklas in Lithuania and between 1991 and 1994 Managing
Director of a start-up company with its main operations in Eastern
Europe. She has also worked for Svenska Handelsbanken at their
international division.

Marika Frediksson holds a Masters Degree in Business
Administration from the Swedish School of Economics and Business
Administration in Helsinki, Finland. She graduated in 1987.

Marika Fredriksson, who turns 45 this year, succeeds Magnus
Lindquist who has accepted an offer to become partner in a European
private equity firm and will leave his position as CFO of Autoliv on
May 15. For the time until Marika Fredriksson assumes the position on
September 1, Mats Wallin will be acting CFO in parallel with his
current duties as Head of Corporate Control.

Autoliv Inc., the worldwide leader in automotive safety systems,
develops and manufactures automotive safety systems for all major
automotive manufacturers in the world. Together with its joint
ventures, Autoliv has 80 facilities with approximately 42,000
employees in 29 vehicle-producing countries. In addition, the Company
has technical centers in twelve countries around the world, with 21
test tracks, more than any other automotive safety supplier. Sales in
2007 amounted to US $6.8 billion. The Company's shares are listed on
the New York Stock Exchange (NYSE: ALV) and its Swedish Depository
Receipts on the OMX Nordic Exchange in Stockholm (ALIVsdb).

This information was brought to you by Cision
http://newsroom.cision.com

Autoliv Inc.
Jan Carlson, President and CEO, +46-8-587 20 600

Copyright Business Wire 2008