DaimlerChrysler Global Supplier of the Year Award 

February 10, 2004

Magna International Inc. (TSX: MG.A, MG.B; NYSE: MGA) announced today that Cosma International ("Cosma"), a wholly owned operating group of Magna, and the automotive industry's premier global metalforming supplier, was recently awarded DaimlerChrysler's prestigious Global Supplier of the Year Award in the raw materials and body-in-white commodity category.