Magna International Inc. - Fourth quarter and year end 2003 results

AURORA, ON, Feb. 9, 2004 -- Magna International Inc. (TSX:MG.A, MG.B; NYSE:MGA) will announce its financial results for the fourth quarter and fiscal year ended December 31, 2003 on Thursday, February 26, 2004.

We will hold our conference call on Friday, February 27, 2004 at 9:00 a.m. EST (Toronto Time). The number to use for this call is 1-800-840-6238. Overseas callers should use 1-416-620-2411. Please call in at least 10 minutes prior to start time. We will also webcast the conference call at www.magna.com. The conference call will be chaired by Vincent J. Galifi, Executive Vice-President and Chief Financial 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 21185496) and will be available until Friday, March 5, 2004.