Magna Entertainment Corp Watch

from SC 13D/A 1 page Schedule II Information With Respect to Transactions Effected During the Past Sixty Days or Since the Most Recent Filing on Schedule 13d (1) Shares Purchased Average Date Sold(-) Price(2) Common Stock-Magna Entertainment Corp. Gabelli Securities, Inc. 3/29/07 500- 3.5400 Gamco Asset Management Inc. 4/30/07 10,000- 3.0702 4/30/07 6,000- 3.0000 4/26/07 2,600- 3.2379 4/25/07 30,000- 3.2969 4/24/07 3,000- 3.3350 4/23/07 3,500- 3.3812 4/20/07 5,000 3.3908 4/20/07 8,000- 3.3982 4/19/07 500- 3.3500 4/18/07 2,000- 3.2500 4/18/07 1,500 3.3500 4/11/07 1,500- 3.3940 4/10/07 500- 3.4900 4/09/07 10,000- 3.6189 4/05/07 5,000- 3.6624 3/29/07 500- 3.6100 3/27/07 5,000- 3.6688 3/27/07 1,000- 3.6190 3/26/07 2,000- 3.3690 3/20/07 1,500- 3.2300 3/19/07 1,500- 3.1200 3/14/07 1,000 3.3400 3/09/07 800- 3.5500 3/08/07 5,500- 3.5665 3/07/07 1,000- 3.7400 3/07/07 1,000- 3.7210 3/06/07 1,500- 3.8629 3/01/07 6,000- 4.0818 Gabelli Funds, LLC. Gabelli Global Multimedia Trust 4/26/07 5,000- 3.2217 (1) Unless Otherwise Indicated, All Transactions Were Effected on the NASDAQ Stock Market. (2) Price Excludes Commission

from SC TO-C 9 pages Class Action Complaint

from SC TO-C 6 pages Magna Entertainment Corp. Special Committee of Independent Directors

from SC TO-C 8 pages In the Court of Chancery of the State of Delaware in and for New Castle County

from SC TO-C 7 pages Class Action Complaint

from SC 13D/A 2 pages Joint Filing Agreement

from SC 13G 1 page <page> Exhibit 1 Joint Filing Agreement the Persons Named Below Agree to the Joint Filing on Behalf of Each of Them of This Statement on Schedule 13g With Respect to Their Beneficial Ownership of Magna Entertainment Corp. and Further Agree That This Joint Filing Agreement Be Included as an Exhibit Thereto. in Evidence Thereof, the Undersigned Hereby Execute This Agreement as of the 13th Day of February, 2004. MI Developments Inc. By: /S/ Edward C. Hannah Name: Edward C. Hannah Title: Executive Vice-President, Secretary and General Counsel 1346457 Ontario Inc. By: /S/ Edward C. Hannah Name: Edward C. Hannah Title: Executive Vice-President and Secretary Magna International Inc. By: /S/ J. Brian Colburn Name: J. Brian Colburn Title: Executive Vice-President, Special Projects and Secretary

from S-1/A ~50 pages Underwriting agreement

from 8-K ~10 pages Financial Results