ICE Canlan Ice Sports Corp

Linamar Corporation ("Linamar") (TSX:LNR) announces that it has exercised the
$100 million accordion feature from the $600 million credit facility that was
renewed in March 2011. The exercise of this feature increases the credit
facility size to $700 million and does not impact any other terms or conditions
within the credit facility including the term or covenant requirements of the
agreement.


Linda Hasenfratz, Linamar's CEO, stated that "we are pleased with the strong
support of our bank group to increase the credit facility to $700 million. We
believe that increased facility shows the strength of Linamar's financial
position and our reputation as a solid, reliable company with a good track
record and great growth potential."


Linamar Corporation (TSX:LNR) is a diversified global manufacturing Company of
highly engineered products powering vehicles, motion, work and lives. The
Company is made up of 2 operating segments - the Powertrain/Driveline segment
and the Industrial segments which are further divided into 4 key divisions -
Manufacturing, Driveline, Industrial Commercial Energy ("ICE") and Skyjack, all
world leaders in the design, development and production of highly engineered
products. The Company's Manufacturing and Driveline divisions focus on precision
metallic components, modules and systems for engine, transmission and driveline
systems designed for passenger vehicle markets. The ICE group concentrates on
similar products for on and off highway vehicle, energy and other industrial
markets. The Company's Skyjack division is noted for its innovative, high
quality mobile industrial equipment, notably its class-leading aerial work
platforms and telehandlers. With more than 16,000 employees in 39 manufacturing
locations, 5 R&D centers and 15 sales offices in 12 countries in North America,
Europe and Asia, Linamar generated sales of more than $2.8 Billion in 2011. 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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