Summary of Dividends 2007 - 2008

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Summary of Dividends paid on Class A Subordinate Voting Shares and Class B Shares of Magna International Inc. (TSX*: MG.A, NYSE: MGA and TSX**: MG.B)

The table below shows the actual dividend payment amount per share for each of the applicable periods referenced.  Please note that the Class B Shares (MG.B) were de-listed after the close of trading on Friday, September 21, 2007.

DeclaredRecordPaymentDeclared AmountEquivalent Amount Type
2008
Nov 3, 2008Nov 28, 2008Dec 15, 2008US$0.18CAD$0.222696Cash
Aug 6, 2008Aug 29, 2008Sept 15, 2008US$0.36CAD$0.382536Cash
Apr 30, 2008May 30, 2008June 16, 2008US$0.36CAD$0.357912Cash
Feb 26, 2008Mar 10, 2008Mar 19, 2008US$0.36CAD$0.359136Cash
2007
Nov 5, 2007Nov 30, 2007Dec 14, 2007US$0.36CAD$0.360288Cash
Aug 8, 2007Aug 31, 2007Sept 14, 2007US$0.36CAD$0.380304Cash
May 9, 2007May 31, 2007June 15, 2007US$0.24CAD$0.256776Cash
Feb 26, 2007Mar 13, 2007Mar 23, 2007US$0.19CAD$0.222053Cash

*TSX: MG.SV.A (November 15, 2004 to May 8, 2006)

**TSX: MG.MV.B (November 15, 2004 to May 8, 2006)