Summary of Dividends 2002- 2004

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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 Amount Equivalent AmountType
2004
Nov 4, 2004Nov 30, 2004Dec 15, 2004US $0.38CAD$0.319Cash
Aug 5, 2004Aug 31, 2004Sep 15, 2004US $0.38CAD$0.289Cash
May 6, 2004May 28, 2004Jun 15, 2004US $0.38CAD$0.278Cash
Feb 26, 2004Mar 9, 2004Mar 18, 2004US $0.34CAD$0.258Cash
2003
Nov 5, 2003Nov 28, 2003Dec 15, 2003US $0.34CAD$0.262Cash
Aug 6, 2003Aug 29, 2003Sep 15, 2003US $0.34CAD$0.245Cash
Aug 19, 2003Aug 29, 2003Sep 2, 2003(1) (1)
May 8, 2003May 30, 2003Jun 16, 2003US $0.34CAD$0.248Cash
Feb 24, 2003Mar 7, 2003Mar 18, 2003US $0.34CAD$0.232Cash
(1) Distribution of MI Developments Inc. Shares: Magna distributed (i) one Class A Subordinate Voting Share of MI Developments Inc. for every two Class A Subordinate Voting Shares of Magna International Inc. held as of the close of business on August 29, 2003 (the "Record Date"); and (ii) one Class B Share of MI Developments Inc. for every two Class B Shares of Magna International Inc. held as of the Record Date. Cash was distributed in lieu of fractional shares.
2002
Nov 7, 2002Nov 29, 2002Dec 16, 2002US $0.34CAD$0.217Cash
Aug 7, 2002Aug 30, 2002Sep 16, 2002US $0.34CAD$0.218Cash
May 9, 2002May 31, 2002Jun 14, 2002US $0.34CAD$0.223Cash
Feb 14, 2002Mar 1, 2002Mar 15, 2002US $0.34CAD$0.213Cash

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

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