Exhibit 99.1

          PRESS RELEASE

               97.1% of Autoliv AB shares have been tendered.

               (Stockholm, May 14, 1997) -- As of May 9, 1997,
               the expiration date of the extended tender
               period, 53.4 million shares, corresponding to
               97.1% of the Autoliv AB shares, have been
               tendered in the Exchange Offer conducted by
               Autoliv Inc. and will be exchanged for shares of
               Autoliv Inc.

               Autoliv Inc. intends to initiate a compulsory
               acquisition process in order to acquire any
               shares of Autoliv AB which were not tendered in
               the Exchange Offer.

               Autoliv Inc manufactures airbags for driver,
               passenger and side-impact applications;
               inflatable knee bolsters, seat belts,
               pretensioners, steering wheels, seat components,
               child seats, sensors and safety electronics for
               virtually all major automotive manufacturers in
               the world.  The company has more than 50
               subsidiaries and joint ventures with 15,000
               employees in 24 vehicle-producing countries.  In
               addition the company has more research and
               development centers around the world, including
               14 test tracks, than any other automotive safety
               supplier.  The company's shares are listed on the
               New York Stock Exchange (NYSE: ALV) and the
               company's Swedish Depository Receipts on the
               Stockholm Stock Exchange (SSE: ALIV).

               For further information, contact:
               -  Mats oedman, Director Investor Relations, Tel.
               +46-8-402 0623

          Autoliv AB, P.O. Box 703 81, S-107 24 Stockholm,
          Sweden, Fax: +46-8-244-479/244 493