Mr. Louis Tonelli reports
MAGNA ANNOUNCES COOPERATION REGARDING REGULATORY INVESTIGATION
The CADE (Conselho Administrativo de Defesa
Economica), Brazil's competition authority, has attended at the offices
of a Magna International Inc. subsidiary in Brazil, in connection with a continuing antitrust
investigation.
Magna's policy is to comply with all applicable laws, including
antitrust and competition laws, and it intends to co-operate with CADE in
this investigation.
We seek Safe Harbor.
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