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SYS-CON MEDIA Authors: Liz McMillan, Esmeralda Swartz, Hovhannes Avoyan, Elizabeth White, Adrian Bridgwater

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Onex Confirms Election of Directors

TORONTO, ONTARIO -- (Marketwired) -- 05/20/14 -- All amounts in U.S. dollars unless otherwise stated

Onex Corporation ("Onex") (TSX: OCX) has confirmed that the nominees set forth in the management information circular for the 2014 Annual Meeting of Shareholders were elected as directors of the Company. Detailed results of the vote for the election of directors held at the Annual Meeting on May 15 in Toronto are set out below.

Pursuant to the Company's governing documents, the following individuals were elected by the holders of the classes of shares indicated in the table below. The table also details the percentage of the votes cast that were voted in favour of or withheld from each individual's election.


-------------------------------------------------------------------------
                                                     % Votes    % Votes
Nominee                  Elected by                    For      Withheld
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Gerald W. Schwartz       Multiple Voting Shares        100         0
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Daniel C. Casey          Multiple Voting Shares        100         0
-------------------------------------------------------------------------
Ewout Heersink           Multiple Voting Shares        100         0
-------------------------------------------------------------------------
Serge Gouin              Multiple Voting Shares        100         0
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John B. McCoy            Multiple Voting Shares        100         0
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J. Robert S. Prichard    Multiple Voting Shares        100         0
-------------------------------------------------------------------------
Heather M. Reisman       Multiple Voting Shares        100         0
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William A. Etherington   Subordinate Voting Shares      67         33
-------------------------------------------------------------------------
Peter C. Godsoe          Subordinate Voting Shares      95         5
-------------------------------------------------------------------------
Arianna Huffington       Subordinate Voting Shares      99         1
-------------------------------------------------------------------------
Arni C. Thorsteinson     Subordinate Voting Shares      90         10
-------------------------------------------------------------------------

About Onex

With offices in Toronto, New York and London, Onex is one of the oldest and most successful private equity firms. Onex acquires and builds high-quality businesses in partnership with talented management teams. The Company has approximately $21 billion of assets under management, including approximately $6 billion of Onex capital, in private equity, credit securities and real estate. Onex invests its capital directly and as the largest limited partner in each of its Funds.

Onex' businesses have assets of $45 billion, generate annual revenues of $35 billion and employ approximately 231,000 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.

Contacts:
Onex Corporation
Emma Thompson
Investor Relations
416.362.7711

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