Magna International Inc. - 2007 Outlook

TORONTO, Jan. 9, 2007 -- Magna International Inc. (TSX: MG.A, MG.B; NYSE: MGA) will announce its outlook for 2007 on Thursday, January 11, 2007.

Magna will present its 2007 outlook at the Auto Analyst of New York (AANY) Detroit Auto Conference on Thursday, January 11, 2007 at 7:30 a.m. EST (Toronto time). Magna will also webcast the presentation at www.magna.com. The presentation will be made by Mark T. Hogan, President and Vincent J. Galifi, Executive Vice-President and Chief Financial Officer.