STOCKHOLM, Sweden, Aug. 19, 2004 (PRIMEZONE) -- Autoliv Inc. (NYSE:ALV) (SSE:ALIV) -- the worldwide leader in automotive safety systems -- today declared a dividend of 20 cents per share of common stock.
The dividend is payable on December 9, 2004 to all Autoliv shareholders of record at the close of business on November 11, 2004.
The ex-date (when the shares trade without the right to the dividend) is November 9.
Nominating and Corporate Governance Committee The Board of Directors also elected Mr. Tetsuo Sekiya to its Nominating and Corporate Governance Committee. During many years, he was Chief Executive Officer of NSK, the leading Japanese bearing producer, and Vice Chairman of the Supplier Council of Toyota.
Mr. Sekiya has been a Director of the Autoliv Board since 2001
Inquiries: Lars Westerberg, President & CEO, Tel. +46 (0)8-587 20 620
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 38,000 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 2003 amounted to US $5.3 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).
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