MI Developments announces appointment of new director

    AURORA, ON, March 27 /CNW/ - MI Developments Inc. ("MID") (TSX: MIM.A,
MIM.B; NYSE:   MIM) today announced that Senator Rod A. A. Zimmer has been
appointed to its Board of Directors, effective immediately.
    Senator Zimmer has been a member of the Senate of Canada since
August 2005 and currently serves on the standing committees for National
Security and Defence and for Transportation and Communications. Since 1993, he
has been the President of The Gatehouse Corporation. From 1995 to 1998, he
served as Vice-President (Festivals) for the Pan American Games Society Inc.
From 1986 to 1993, he was the Vice-President of Marketing and Communications
and then the Executive Vice-President for the Manitoba Lotteries Foundation
and was also the Director of Project Management for the Canadian Sports Pool
Corporation in Ottawa in 1984. From 1979 to 1984, he was Vice-President of
Corporate Communications for CanWest Capital Corporation. As a philanthropist,
he serves as a member of the boards of directors for the following
organizations: Canadian Paralympic Foundation, Gold Medal Plates
(2010 Olympics and Paralympics), Royal Winnipeg Ballet, the Burton Cummings
Theatre, the Millennium Centre, Canadian Unity Council (Manitoba), and the
Belinda Stronach Foundation. He also serves on the Honourary Council of the
Royal Winnipeg Ballet, as a member of the Board of the Canadian Paralympic
Foundation, and as Canadian Paralympic Foundation Liaison Director to the
board of directors of the Canadian Paralympic Committee. He was awarded the
125th Anniversary of the Confederation of Canada Medal in 1992 and the Queen
Elizabeth II Golden Jubilee Medal in 2002.

    About MID

    MID is a real estate operating company focusing primarily on the
ownership, leasing, management, acquisition and development of a predominantly
industrial rental portfolio for Magna and its subsidiaries in North America
and Europe. MID also acquires land that it intends to develop for mixed-use
and residential projects. MID holds a controlling interest in MEC, North
America's number one owner and operator of horse racetracks, based on revenue,
and one of the world's leading suppliers, via simulcasting, of live horse
racing content to the growing intertrack, off-track and account wagering

For further information:

For further information: Richard J. Smith, Executive Vice-President and
Chief Financial Officer, at (905) 726-7507

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