Notice from the Office of the Secretary - In the matter of the Securities Act
R.S.O. 1990, c. S.5, as amended - And - In the matter of Magna International
Inc. - and - In the matter of the Stronach Trust and 446 Holdings Inc.

TORONTO, June 15 /CNW/ - The Office of the Secretary issued a Notice of Hearing today setting the matter down to be heard on June 23, 2010, at 9:00 a.m. or as soon thereafter as the hearing can be held in the above named matter. There will also be a preliminary appearance on Friday, June 18, 2010 commencing at 10:00 a.m.

A copy of the Notice of Hearing dated June 15, 2010 and Statement of Allegations of Staff of the Ontario Securities Commission dated June 15, 2010 are available at www.osc.gov.on.ca

OFFICE OF THE SECRETARY

JOHN P. STEVENSON

SECRETARY

For further information: For media inquiries: Wendy Dey, Director, Communications & Public Affairs, 416-593-8120; Theresa Ebden, Senior Communications Specialist, 416-593-8307; Robert Merrick, Senior Communications Specialist, 416-593-2315; For investor inquiries: OSC Contact Centre, 416-593-8314, 1-877-785-1555 (Toll Free)