AURORA, ON, April 30 /PRNewswire-FirstCall/ -- Magna Entertainment Corp. ("MEC") (NASDAQ: MECA; TSX: MEC.A) is holding its Annual Meeting of Stockholders on Wednesday, May 9, 2007 at Le Royal Meridien King Edward Hotel, Sovereign Ballroom, 37 King Street East, Toronto, Ontario, commencing at 11:00 a.m. EST. The meeting will be webcast live and can be accessed at http://www.magnaentertainment.com/. MEC will release and discuss its financial results for the first quarter ended March 31, 2007 during the meeting.
A conference call to discuss those results will be held on Wednesday, May 9, 2007 at 3:00 p.m. EST. The number to use for this call is 1-800-633-8406. Please call 10 minutes prior to the start of the conference call. The dial-in number for overseas callers is 212-676-5252. MEC will also webcast the conference call at http://www.magnaentertainment.com/.
The conference call will be chaired by Frank Stronach, Chairman. If you have any teleconferencing questions, please call Karen Richardson at 905-726-7465.
For anyone unable to listen to the scheduled call, the rebroadcast number will be 1-800-558-5253 (reservation # 21337510) and will be available until Friday, May 18, 2007. For overseas callers, please call 1-416-626-4100 (reservation # 21337510). The replay of the webcast of the annual meeting will also be available on http://www.magnaentertainment.com/.
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