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

By Magna International Inc., PRNE
Tuesday, February 16, 2010

TORONTO, February 17, 2010 - In the news release, "Magna International Inc. - Notice of Conference Call
for Fourth Quarter and Year end 2009 Results" issued on 17 Feb 2010 16:31
GMT
, by Magna International Inc. NYSE:MGA over PR Newswire, Magna will hold
its quarterly conference call on Thursday, February 25, 2010 at 7:30 a.m.
EST
. The previous notice of conference call, issued earlier this morning,
indicated 8:30 a.m. EST as the start time. However, due to a conflict with
another scheduled conference call, the time has been changed.
Complete, corrected release follows:

Magna International Inc. (TSX: MG.A; NYSE: MGA) will release its
financial results for the fourth quarter and year ended December 31, 2009 on
Thursday, February 25, 2010.

Magna will hold its quarterly conference call on Thursday, February 25,
2010
at 7:30 a.m. EST. The number to use for this call is 1-800-954-0687.
Overseas callers should use1-212-231-2905. 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 Vincent J. Galifi, Executive
Vice-President and Chief Financial Officer.

For anyone unable to listen to the scheduled call, the rebroadcast
numbers are: North America - 1-800-558-5253 and Overseas - 1-416-626-4100
(reservation number is 21460349) and will be available until March 4, 2010.

For further information: If you have any questions, please call Louis
Tonelli
at +1-905-726-7035; For teleconferencing questions, please call
Karin Kaminski at +1-905-726-7103

For further information: If you have any questions, please call Louis Tonelli at +1-905-726-7035; For teleconferencing questions, please call Karin Kaminski at +1-905-726-7103

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