News Release - Cosma Wins Fifth Consecutive General Motors Supplier of the Year Award

AURORA, Ontario, Canada, March 29, 2011 – Cosma International, an operating unit of Magna International Inc. and a leading global automotive body and chassis systems supplier, has received the General Motors 2010 Supplier of the Year award, its fifth in a row and 12th overall, for significant contributions to GM’s global product and performance achievements. The 19th annual awards were given during ceremonies on March 10, 2011, at the GM Renaissance Center in Detroit, Michigan.

“We are honored to be recognized by General Motors with the Supplier of the Year award,” said Horst Prelog, president of Cosma International. “As we strive to serve our customers on a global scale, the responsiveness, commitment, and passion for excellence demonstrated by the Cosma team continues to produce positive results.”

The GM Supplier of the Year award began as a global program in 1992. Winners are selected by a global team of executives from purchasing, engineering, manufacturing and logistics who base their decisions on supplier performance in innovative technology, superior quality, outstanding launch support and competitive total enterprise cost solutions. This year, General Motors honored 82 suppliers for their outstanding performance throughout 2010.

"We believe the Supplier of the Year Award is a top honor in the industry," said Bob Socia, GM vice president, Global Purchasing and Supply Chain. "These suppliers are a critical part of our effort to design, build and sell the world's best vehicles."

About Cosma International
Cosma International (www.cosma.com), an operating unit of Magna International, manufactures a comprehensive range of metal body systems, components, assemblies and modules including complete vehicle frames, chassis systems and body-in-white systems using a variety of innovative processes including hydroforming, stamping and roll forming. Serving customers in the automotive and other industries such as alternative energy, Cosma has 37 manufacturing facilities and 12 product development and engineering centers worldwide.

About Magna International
Magna International (www.magna.com) is the most diversified automotive supplier in the world. We design, develop and manufacture automotive systems, assemblies, modules and components, and engineer and assemble complete vehicles, primarily for sale to original equipment manufacturers of cars and light trucks in North America, Europe, Asia, South America and Africa. Our capabilities include the design, engineering, testing and manufacture of automotive interior systems; seating systems; closure systems; metal body and structural systems; vision systems; electronic systems; exterior systems; powertrain systems; roof systems; hybrid and electric vehicles/systems as well as complete vehicle engineering and assembly.

Magna has more than 96,000 employees in 256 manufacturing operations and 82 product development, engineering and sales centers in 26 countries.