Media Release: Onex Corporation to Announce Fourth-Quarter Results on February 24, 2011


TORONTO, ONTARIO--(Marketwire - Jan. 31, 2011) -

All amounts in Canadian dollars unless otherwise stated

Onex Corporation (TSX:OCX) announced that it will release its results for the fourth quarter and full year ended December 31, 2010 on February 24, 2011. A live broadcast of Onex' conference call to discuss the results will begin at 4:30 p.m. ET on February 24, 2011. A 90-day on-line replay will be available following the conclusion of the live broadcast. A link to the call and the replay will be available under the Investor Information section of the Company's website at www.onex.com.

About Onex

Onex is one of North America's oldest and most successful investment firms committed to acquiring and building high-quality businesses in partnership with talented management teams. Onex manages investment platforms focused on private equity, real estate and credit securities. In total, the company manages approximately US$13 billion, of which US$9 billion is third-party capital. As well, Onex invests its own capital directly and as a substantial limited partner in its Funds.

Onex' businesses generate annual revenues of $37 billion, have assets of $42 billion and employ more than 240,000 people worldwide. Onex shares trade on the Toronto Stock Exchange under the stock symbol OCX. For more information on Onex, visit its website at www.onex.com. The Company's security filings can also be accessed at www.sedar.com.

Contact Information: Onex Corporation
Emilie Blouin
Investor Relations
416.362.7711
www.onex.com