Magna International Inc. Notice of Conference Call for Fourth Quarter 2006 Results

TORONTO, Canada, February 20 -- Magna International Inc. (TSX: MG.A, MG.B; NYSE: MGA) will release its financial results for the fourth quarter ended December 31, 2006 on Tuesday , February 27, 2007.

Magna's quarterly conference call to discuss fourth quarter 2006 results will be held Tuesday, February 27, 2007 at 8:30 a.m. EST. The number to use for this call is 1-800-377-5794. Overseas callers should use 1-416-620-2415. Please call in at least 10 minutes prior to start time. The conference call will be webcast at www.magna.com. 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 21330805) and will be available until Tuesday, March 6, 2007.

For further information: Louis Tonelli at +1-(905)-726-7035. For teleconferencing questions, please call Karin Kaminski at +1-(905)-726-7103