Mr. Vince Galifi reports

MAGNA ANNOUNCES OUTLOOK

Magna International Inc. has released its financial outlook for 2015. All amounts are in U.S. dollars.

                       2015 OUTLOOK
                                                             
Light vehicle production (units)                             
North America                                17.3 million                 
Europe                                       20.3 million                 
Production sales                                             
North America              $17.6-billion -- $18.2-billion
Europe                       $9.0-billion -- $9.4-billion  
Asia                         $2.0-billion -- $2.2-billion  
Rest of world                $0.6-billion -- $0.7-billion  
                          -------------------------------
Total production sales     $29.2-billion -- $30.5-billion
Complete vehicle assembly 
sales                        $2.4-billion -- $2.7-billion  
                          -------------------------------
Total sales                $34.4-billion -- $36.1-billion
Operating margin*                            Low 7% range                 
Tax rate*                                      25% -- 26%                    
Capital spending             $1.5-billion -- $1.7-billion 
                                                             
* Excluding other expense (income), net                      

In addition to Magna's 2015 sales and light vehicle production outlook, the company expects 2017 total production sales to be approximately $5-billion higher than 2015, based on assumed full-year 2017 light vehicle production volumes of approximately 18.2 million units in North America and approximately 21.9 million units in Europe. Magna expects the increase in total production sales to be split approximately as follows by segment: 45 per cent in North America, 35 per cent in Europe and 20 per cent in Asia. In this outlook Magna has assumed no material acquisitions or divestitures. In addition, Magna has assumed that foreign exchange rates for the most common currencies in which it conducts business relative to its U.S. dollar reporting currency will approximate year-end 2014 rates.

We seek Safe Harbor.