LNR Linamar Corp

Linamar Corporation (TSX:LNR) today announced the repatriation of funds held in
escrow in Hungary intended for the repurchase of shares of Linamar Hungary NYRT.
Linamar announced it was making an offer to purchase all of the outstanding
ordinary shares of Linamar Hungary NYRT in February of 2007. The offer expired
in May 2007.


Volatility in global currency markets had resulted in the company realizing non
cash gains and losses intermittently throughout 2007. Repatriation of the money
back to Canada into Canadian dollars removes this noise from the company's P&L.


The money was repatriated at the same exchange rate at which it was placed in
escrow.


Linamar Corporation (TSX:LNR) is a diversified global manufacturing company of
highly engineered products. The company's Powertrain and Driveline focused
divisions are world leaders in the collaborative design, development and
manufacture of precision metallic components, modules and systems for global
vehicle markets. The company's Industrial division is a world leader in the
design and production of innovative mobile industrial products, notably its
class-leading aerial work platforms. With more than 12,000 employees in 38
manufacturing locations, 5 R&D centers and 9 sales offices in Canada, the US,
Mexico, Germany, Hungary, China, Korea and Japan Linamar generated sales of
close to $2.3 Billion in 2006. For more information about Linamar Corporation
and its industry leading products and services, visit www.linamar.com.


Certain information regarding Linamar set forth in this document, including
management's assessment of the Company's future plans and operations may
constitute forward-looking statements. This information is based on current
expectations that are subject to significant risks and uncertainties that are
difficult to predict. Actual results may differ materially from these
anticipated in the forward-looking statements due to factors such as customer
demand and timing of buying decisions; product mix; competitive products; the
cost, timing and effectiveness of cost reduction initiatives; and pricing
pressure. In addition, uncertainties and difficulties in domestic and foreign
financial markets and economies could adversely affect demand from customers.
These factors, as well as general market, economic and political conditions, may
in turn have a material adverse effect on the Company's financial results. The
Company assumes no obligation to update the forward-looking statements, or to
update the reasons why actual results could differ from those reflected in the
forward-looking statements.

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