/C O R R E C T I O N — from Source — Magna International Inc./

April 26, 2011

TORONTO, April 26 /PRNewswire-FirstCall/ – Magna International Inc. (TSX:
MG; NYSE: MGA) is holding its Annual Meeting of Shareholders on Wednesday, May
4, 2011
at the Hilton Suites Toronto/Markham Conference Centre, 8500 Warden
Avenue, Markham, Ontario, Canada commencing at 10:00 a.m. EDT (Toronto time).
The meeting will be webcast live and can be accessed at www.magna.com. Magna
will also announce its financial results for the first quarter ended March 31,
on the morning of the meeting.

Magna will hold its quarterly conference call on Wednesday, May 4, 2011 at
2:00 p.m. EDT. The number to use for this call is 416-359-3127. Overseas
callers should use 1-800-705-8289. Please call in at least 10 minutes prior
to start time. The conference call will be webcast at www.magna.com, and will
be chaired by Don Walker, Chief Executive Officer.

If you have any questions, please call Louis Tonelli at 905-726-7035. For
teleconferencing questions, please call Karin Kaminski at 905-726-7103.

For anyone unable to listen to the scheduled call, the rebroadcast numbers
will be: North America – 1-800-558-5253 and Overseas – 1-416-626-4100
(reservation number is 21522043) and will be available until Wednesday, May
11, 2011

SOURCE Magna International Inc.

Source: newswire

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