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MAGNA ENTM(NSDQ:MECA)

Magna Entertainment Corp. acquires, develops and operates horse racetracks and related pari-mutuel wagering operations.

# Employees: 5300

Address: 337 Magna Drive,Aurora,ON,CAN

Phone: 905 726-2462

Fax: 905 726-4461

Website: www.magnaentertainment.com

Email: mec.investors@magnaent.com

Sector: Consumer Discretionary

Industry: LEISURE&REC/GMG

Executive Officers

Frank Stronach (Chmn.; Interim C.E.O.)

Blake Tohana (Exec. V.P.; C.F.O.)

Mary Lyn Seymour (V.P.; Contr.)

Ron Charles (C.O.O.; Dir.)

Anthony R. Campbell (Dir.,)

Dividend

Ex-Dividend Date: N/A

Annual Dividend: N/A

Current Dividend Yield: N/A

Dividend Paid (3 months): N/A

Indicated Dividend: N/A

Earnings

Last Earnings Date: 9/30/2008

Next Earnings Date(Expected): 3/13/2009

Mean EPS (Next Qtr): ($0.01)

Mean EPS (Year): ($0.01)

Mean Estimate(Long Term): ($0.01)

P/E Ratio(Based on EPS estimate): -0.010

Number of Estimates: 0

Shares Performance

Period	MECA	Compare to S&P
YTD	-89.99 %	-79.23 %
4 Weeks	-88.69 %	-87.42 %
12 Weeks	-92.21 %	-90.82 %

Shares Information

Analyst Coverage: N

Avg Volume: 18288

Shares Outstanding: 5M

Market Cap: $0.00B

52 Week High: $11.20

52 Week Low: $0.07

P/E Ratio: -0.010

PEG Ratio: -0.010

Split: On 7/22/2008 MECA split by factor of 0.050

Earnings Performance

EPS Growth in Last Quarter: -119.85 %

EPS Growth in Last Year: 4.00 %

Sales Growth in Last Quarter: -50.94 %

Sales Growth in Last Quarter: -28.77 %

Financials

Qtr Book Value: $0.00

Cash Flow/Share: ($0.01)

Change in Payout Ratio: -0.010

Price/Sales: -0.010