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Press release from CNW Group

MI Developments Inc. Notice Of Conference Call For First Quarter 2012 Results

Friday, April 20, 2012

MI Developments Inc. Notice Of Conference Call For First Quarter 2012 Results17:20 EDT Friday, April 20, 2012AURORA, ON, April 20, 2012 /CNW/ - MI Developments Inc. ("MID") (TSX: MIM, NYSE: MIM) expects to announce its financial results for the first quarter ended March 31, 2012 after the close of markets on Wednesday, May 9, 2012.MID will hold a conference call on Thursday, May 10, 2012 at 8:30 a.m. Eastern time.  The number to use for this call is 1-800-741-3792. Overseas callers should use +1-416-981-9031.  Please call in at least 10 minutes prior to start time. The conference call will be chaired by Tom Heslip, Chief Executive Officer.For anyone unable to listen to the scheduled call, the rebroadcast numbers will be:  North America — 1-800-558-5253 and Overseas — +1-416-626-4100 (enter reservation number 21588446) and will be available until Thursday, May 17, 2012.About MID: MID is a Canadian-based real estate company engaged primarily in the acquisition, development, construction, leasing, management and ownership of a predominantly industrial rental portfolio leased primarily to the automotive operating subsidiaries of Magna International Inc. in North America and Europe. For further information about MID, please visit www.midevelopments.com.  MID's public filings are at www.sedar.com and www.sec.gov.For further information: Tom Heslip, Chief Executive Officer, at 905-726-7639.