MAGNA INTERNATIONAL INC.
337 Magna Drive
Aurora, ON, Canada L4G 7K1
Magna plan of arrangement to be implemented
AURORA, ON, Aug. 31, 2010 - Magna International Inc. (TSX: MG.A, NYSE: MGA) today announced that,
after the close of markets on August 30, 2010, the Ontario Divisional Court dismissed the appeal of certain
dissident minority shareholders of Magna and upheld the decision of the Ontario Superior Court approving the
previously announced plan of arrangement to eliminate Magna's dual-class share structure. The decision of the
Divisional Court followed a hearing held on August 26, 2010.
As Magna has been notified that the dissident shareholders do not intend to appeal the Divisional Court's
decision, Magna expects to implement the arrangement later today. Upon closing, Magna's Class A Subordinate
Voting Shares will be redesignated as 'common shares'. Magna's common shares will trade under the symbol
'MG' on the Toronto Stock Exchange and will continue to trade under the symbol 'MGA' on the New York
"We are very pleased with the Court's decision and that we are finally in a position to close the arrangement,
which has received strong support from Magna's shareholders," said Vince Galifi, Executive Vice-President and
Chief Financial Officer. "With the transaction completed, we can refocus on pursuing our long-term growth
strategy, including further investments in both innovation and emerging markets, in order to continue to serve our
customers around the world."
We are the most diversified global automotive supplier. We design, develop and manufacture technologically
advanced systems, assemblies, modules and components, and engineer and assemble complete vehicles,
primarily for sale to original equipment manufacturers ("OEMs") of cars and light trucks. Our capabilities include
the design, engineering, testing and manufacture of automotive interior systems; seating systems; closure systems;
body and c