Magna International Inc.- Re-scheduled fourth quarter 2004 conference call

AURORA, ON, Feb. 28, 2005 -- Magna International Inc. (TSX: MG.SV.A, MG.MV.B; NYSE: MGA) has re-scheduled its fourth quarter conference call for Tuesday, March 1, 2005 at 8:00 a.m. EST (Toronto time).

The number to use for this call is 1-800-470-5906. Overseas callers should use 1-416-620-2414. Please call in at least 10 minutes prior to start time. The conference call will be webcast at www.magna.com. The conference call will be co-chaired by Mark T. Hogan, President and 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 re-scheduled call, the rebroadcast numbers will be: North America - 1-800-558-5253 and Overseas - 1-416-626-4100 (reservation number is 21233923) and will be available until Tuesday, March 8, 2005.