0001047469-05-006405 Sample Contracts

PREFERRED ACCESS AGREEMENT
Preferred Access Agreement • March 15th, 2005 • Magna Entertainment Corp • Services-racing, including track operation

THIS AGREEMENT is made this 1st day of November, 2004, effective March 1, 2004, between MAGNA INTERNATIONAL EUROPE AG, a stock corporation governed by the laws of Austria ("Magna") and FONTANA BETEILIGUNGS AG, a stock corporation governed by the laws of Austria ("Fontana").

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PREFERRED ACCESS AGREEMENT
Preferred Access Agreement • March 15th, 2005 • Magna Entertainment Corp • Services-racing, including track operation • Ontario

THIS AGREEMENT is made this 1st day of November, 2004, effective January 1, 2004, between MEC HOLDINGS (CANADA) INC., an Ontario corporation ("MEC") and MAGNA INTERNATIONAL INC., an Ontario corporation ("Magna").

OFFER FOR PURCHASE OF RECEIVABLES
Offer for Purchase of Receivables • March 15th, 2005 • Magna Entertainment Corp • Services-racing, including track operation
FOURTH AMENDING AGREEMENT THIS AGREEMENT is made as of February 18, 2004,
Fourth Amending Agreement • March 15th, 2005 • Magna Entertainment Corp • Services-racing, including track operation
OFFER FOR PURCHASE OF RECEIVABLES
Offer for Purchase of Receivables • March 15th, 2005 • Magna Entertainment Corp • Services-racing, including track operation
THIRD AMENDING AGREEMENT THIS AGREEMENT is made as of December 7, 2004,
Third Amending Agreement • March 15th, 2005 • Magna Entertainment Corp • Services-racing, including track operation

The Lender has made a certain credit facility available to the Borrower in accordance with the terms and conditions set out in an amended and restated credit agreement (the "Amended and Restated Credit Agreement") dated as of October 10, 2003, between the Borrower, the Guarantors, the Lender, the Agent and BMO Nesbitt Burns Inc., a Division of Bank of Montreal, as arranger;

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