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Autoliv: Financial Report October - December 2007

Regulatory News:

Sales: Up 11% to $1,784 million

EBIT: Up 20% to $164 million

Cash Flow: Up 47% to $232 million

For the three-month period ended December 31, 2007, Autoliv Inc. (NYSE:ALV) (STO:ALIV) - the worldwide leader in automotive safety systems - reported the highest sales and operating income of any quarter, and its best cash flow for any fourth quarter.

When compared to the same quarter 2006, net sales rose by 11% to $1,784 million with the organic portion growing by nearly 4%. Operating income improved by 20% to $164 million, resulting in an operating margin of 9.2% compared to 8.5% in the fourth quarter 2006. Income before tax increased by 20% to $149 million. Net income totalled $94 million with earnings per share of $1.25 compared to $103 million and $1.27, respectively, in the fourth quarter 2006, which was positively impacted by discrete tax items of $24 million. In the fourth quarter of 2007, discrete tax items had an $8 million negative effect. Excluding the effect of all discrete tax items, earnings per share improved by 40% to $1.36 (non-U.S GAAP measure, see table).

Cash flow from operations amounted to $232 million and cash flow before financing activities amounted to $105 million. This represents improvements of $75 million and $28 million, respectively, from the same quarter 2006.

For the full year 2008, sales are expected to increase by approximately 7% and operating margin is expected to improve to 8.0-8.5%.

An earnings conference call will be held at 3:00 p.m. (CET) January 31. To listen in, call (in Europe) +44-207-947-5033 and (in the U.S.) +1-866-432-7186 or access www.autoliv.com under "News/Calendar".

http://wpy.waymaker.net/client/waymaker1/WOLReleaseFile.aspx? id=668023&fn=wkr0003.pdf

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

Contacts:

Autoliv Inc.
Inquiries:
Jan Carlson, +46-8-587 20 600
President and CEO
or
Magnus Lindquist, +46-8-587 20 612
CFO & Vice President Finance

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