Notice from the Office of the Secretary - In the matter of the Securities Act R.S.O. 1990, c. S.5, as amended (the "Act") - and - MI Developments Inc. ("MID")

    TORONTO, Aug. 11 /CNW/ - On August 11, 2009, the Commission issued a
Notice of Hearing pursuant to subsection 104(1) and section 127 of the
Securities Act to consider the Application of Greenlight Capital, Inc. (the
"Greenlight Application") and the Application of Farallon Capital Management,
L.L.C., Hotchkis and Wiley Capital Management, LLC, Donald Smith & Co. Inc.,
Owl Creek Asset Management, L.P., North Run Capital, LP and Pzena Investment
Management, LLC on behalf of themselves and funds and entities under their
management (the "Farallon Application").
    The hearing will be held at the Commission's offices at 20 Queen Street
West, 17th Floor Hearing Room A, Toronto, Ontario commencing on Wednesday,
September 9, 2009 at 9:00 a.m.
    A copy of the Notice of Hearing, the Greenlight Application and the
Farallon Application are available at


For further information:

For further information: For media inquiries: Wendy Dey, Director,
Communications & Public Affairs, (416) 593-8120; Laurie Gillett, Manager,
Public Affairs, (416) 595-8913; Carolyn Shaw-Rimmington, Assistant Manager,
Public Affairs, (416) 593-2361; For investor inquiries: OSC Contact Centre,
(416) 593-8314, 1-877-785-1555 (Toll Free)

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