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Magna to Officially Open Baltimore Technical Training Center

AURORA, Ontario, Oct. 24, 2005 -- Magna International Inc., one of the largest automotive parts suppliers in the world, will officially open a technical training center in Baltimore tomorrow.

The Magna Baltimore Technical Training Center (MBTTC), located in Baltimore's Park Heights district, is the newest addition to Magna's global training operations and the Company's first-ever training center in the United States.

MBTTC provides hands-on training in machining and tool and die manufacturing. In addition, the Center offers instruction to local residents who wish to complete their high school education. Magna has also refurbished the adjacent recreation complex and community activity center.

Magna is working together with The Community College of Baltimore County to provide course instruction in various manufacturing trades. Courses include robotics, welding and blueprint reading.

Magna founder and Chairman Frank Stronach, who will attend tomorrow's official opening, said, "There is an enormous need in the United States today for skilled trades people in the manufacturing sector, and it is important that America maintains a strong manufacturing base in order to produce made- in-America products that lessen the country's reliance on imports. We believe the Training Center can help in this regard by graduating workers with the technical skills required by American manufacturers."

The official opening will take place at 10:30 a.m. EDT on Tuesday, October 25, 2005.

Magna International, the most diversified automotive supplier in the world, designs, develops and manufactures automotive systems, assemblies, modules and components, and engineers and assembles complete vehicles, primarily for sale to original equipment manufacturers of cars and light trucks in North America, Europe, Asia and South America. Its capabilities include the design, engineering, testing and manufacture of automotive interior and closure systems; metal body and structural systems; exterior and interior mirror and engineered glass systems; exterior systems including front and rear end modules, plastic body panels, exterior trim and other systems; various powertrain and drivetrain systems; as well as, complete vehicle engineering and assembly.

Magna International has approximately 82,000 employees in 220 manufacturing operations and 56 product development and engineering centers in 22 countries.