Magna Posts 2010 Annual Report

AURORA, Ontario, April 1, 2011 - Magna International Inc. (TSX: MG) (NYSE: MGA) today announced that its
2010 Annual Report, including Management's Discussion and Analysis and
Audited Consolidated Financial Statements, Annual Information Form (AIF) and
Form 40-F, are now available on the company's website, www.magna.com.
Magna has also filed these documents with the Canadian Securities
Administrators (accessible through their website at www.sedar.com)
and the U.S. Securities and Exchange Commission (accessible through its
website at www.sec.gov/edgar).

Magna will provide a hard copy of our audited financial statements as
contained in our 2010 Annual Report to Shareholders, free of charge, on
request through our website or in writing to Magna International Inc., Attn:
Secretary, 337 Magna Drive, Aurora, ON, Canada L4G 7K1.

ABOUT MAGNA

We are the most diversified global automotive supplier. We design,
develop and manufacture technologically advanced automotive systems,
assemblies, modules and components, and engineer and assemble complete
vehicles, primarily for sale to original equipment manufacturers ("OEMs") of
cars and light trucks. Our capabilities include the design, engineering,
testing and manufacture of automotive interior systems; seating systems;
closure systems; body and chassis systems; vision systems; electronic
systems; exterior systems; powertrain systems; roof systems; hybrid and
electric vehicles/systems as well as vehicle engineering and contract
assembly.

We have over 96,000 employees in 256 manufacturing operations and 82
product development, engineering and sales centres in 26 countries.

For further information:

Louis Tonelli, Vice-President, Investor Relations at +1-905-726-7035

(MG. MGA)

Louis Tonelli, Vice-President, Investor Relations at +1-905-726-7035