Regulatory News:

Autoliv (STO:ALIVSDB)(NYSE:ALV)

We are very proud to announce that Autoliv Korea has been awarded the "HKMC Supplier of the Year? award for 2010. The award was presented at the Hyundai Kia Motor Corporation's (HKMC) annual supplier conference held at Jeju Island, South Korea.

This prestigious award was given in recognition of Autoliv's successful acquisition of what was formerly the occupant passive safety business (OPS) of Delphi Korea. The integration of Delphi's OPS, which was acquired a year ago, went smoothly and without disruption related to quality, delivery, labor management and overall service.

The award was presented by Mr. JW Shin, Vice Chairman to Michael Hague, President of Autoliv Korea. In his presentation message, Mr. JW Shin thanked the entire Autoliv team for their focus and support on this important project and looked forward to further strengthening and growing the overall relationship between HKMC and Autoliv in the future.

During the first two weeks of 2011, Autoliv has already received three prestigious awards from other Asian car manufacturers for achievements and contributions in 2010.

About Autoliv

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 more than 43,000 employees in 28 vehicle-producing countries. In addition, the Company has technical centers in eleven countries around the world, with 21 test tracks, more than any other automotive safety supplier. Sales in 2010 are expected to grow to by nearly 40% to almost US $7.2 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 (ALIV sdb). For more information about Autoliv, please visit our company website at www.autoliv.com.

Safe Harbour

This report contains statements that are not historical facts but rather forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (PSLRA). All such statements are based upon our current expectations, various assumptions, and data available from third parties and apply only as of the date of this report. Our expectations and assumptions are expressed in good faith and we believe there is a reasonable basis for them. However, there can be no assurance that forward-looking statements will materialize or prove to be correct as these assumptions are inherently subject to risks and uncertainties such as without limitation, changes in general industry and market conditions, changes in and the successful execution of cost reduction initiatives and market reaction thereto, increased competition, changes in consumer preferences for end products, customer losses, consolidations or restructuring, divestiture of customer brands, fluctuation in vehicle production schedules for which the Company is a supplier, continued uncertainty in program awards and performance, costs or difficulties related to the integration of any new or acquired businesses or technologies, pricing negotiations with customers, product liability, warranty and recall claims and other litigations, possible adverse results of pending or future litigation or infringement claims, legislative or regulatory changes, tax assessments, dependence on customers and suppliers, as well as the risks identified in Item 1A ?Risk Factors? in our Annual Report on Form 10-K for the year ended December 31, 2009 and our most recent quarterly Report on Form 10-Q. Except for the Company's ongoing obligation to disclose information under the U.S. federal securities laws, the Company undertakes no obligation to update publicly any forward-looking statements whether as a result of new information or future events. For any forward-looking statements contained in this or any other document, we claim the protection of the safe harbor for forward-looking statements contained in the PSLRA.

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Autoliv Inc.
Jan Carlson, President & CEO
Tel. +46 8 587 20600
or
Autoliv Korea
Michael Hague, President
Tel. +82 31 379 6503