MI Developments notice of release of second quarter 2009 results



    AURORA, ON, Aug. 6 /CNW/ - MI Developments Inc. ("MID") (TSX: MIM.A,
MIM.B; NYSE:   MIM) will announce its financial results for the second quarter
ended June 30, 2009 on Thursday, August 13, 2009 before the opening of the
market.

    About MID

    MID is a real estate operating company engaged primarily in the
acquisition, development, construction, leasing, management, and ownership of
a predominantly industrial rental portfolio leased primarily to Magna
International Inc. 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 majority equity interest in Magna Entertainment Corp.
(MEC), an owner and operator of horse racetracks, and a supplier, via
simulcasting, of live horseracing content to the inter-track, off-track and
account wagering markets. MEC has filed a voluntary petition for
reorganization under Chapter 11 of the U.S. Bankruptcy Code.





For further information:

For further information: about this press release, please contact
Richard Smith, MID's Executive Vice-President and Chief Financial Officer, at
(905) 726-7507

Organization Profile

MI DEVELOPMENTS INC.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890