Tesma International Inc. - Annual Meeting of Shareholders and Conference Call for the First Quarter Ended March 31, 2004

CONCORD, ON, April 20 -- Tesma International Inc. (TSX: TSM.A; NASDAQ; TSMA) is holding its Annual Meeting of Shareholders on Tuesday, May 4, 2004 at the Design Exchange, 2nd Floor, Toronto-Dominion Centre, Ernst & Young Tower, 234 Bay Street, Toronto, Ontario, commencing at 11:00 a.m. EST. The meeting will be webcast live and can be accessed at www.tesma.com. The Company will also release its results for the first quarter ended March 31, 2004 during the meeting.

On Wednesday, May 5, 2004 at 1:30 p.m. EST, the Company will hold a conference call to discuss its results for the first quarter ended March 31, 2004. The numbers for this call are 416-640-4127 (local/overseas) or 1-800-814-4853 (North America), with call-in required 10 minutes prior to the start of the conference call. The conference call will be chaired by Anthony Dobranowski, Tesma's President and Chief Financial Officer. A taped replay of the conference call will also be made available until 12:00 midnight on May 19, 2004. The numbers for the replay are 416-640-1917, reference number 21042571 (local/overseas) or 1-877-289-8525, reference number 21042571 (North America). The conference call can also be accessed by webcast at www.newswire.ca/webcast and will be available for a 30 day period.