<SEC-DOCUMENT>0001047469-05-005021.txt : 20120629
<SEC-HEADER>0001047469-05-005021.hdr.sgml : 20120629
<ACCEPTANCE-DATETIME>20050228181649
ACCESSION NUMBER:		0001047469-05-005021
CONFORMED SUBMISSION TYPE:	SC 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20050301
DATE AS OF CHANGE:		20050228

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CELESTICA INC
		CENTRAL INDEX KEY:			0001030894
		STANDARD INDUSTRIAL CLASSIFICATION:	PRINTED CIRCUIT BOARDS [3672]
		IRS NUMBER:				980185558
		STATE OF INCORPORATION:			A6
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-55523
		FILM NUMBER:		05647284

	BUSINESS ADDRESS:	
		STREET 1:		1150 EGLINTON AVENUE EAST
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M3C 1H7
		BUSINESS PHONE:		416-448-5800

	MAIL ADDRESS:	
		STREET 1:		1150 EGLINTON AVENUE EAST
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M3C 1H7

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CELESTICA INC
		CENTRAL INDEX KEY:			0001030894
		STANDARD INDUSTRIAL CLASSIFICATION:	PRINTED CIRCUIT BOARDS [3672]
		IRS NUMBER:				980185558
		STATE OF INCORPORATION:			A6
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		1150 EGLINTON AVENUE EAST
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M3C 1H7
		BUSINESS PHONE:		416-448-5800

	MAIL ADDRESS:	
		STREET 1:		1150 EGLINTON AVENUE EAST
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M3C 1H7
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G/A
<SEQUENCE>1
<FILENAME>a2152739zsc13ga.htm
<DESCRIPTION>SCHEDULE 13G/A
<TEXT>
<HTML>
<HEAD>
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<BODY BGCOLOR="#FFFFFF" LINK=BLUE  VLINK=PURPLE>
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<FONT SIZE=3 ><A HREF="#05TOR1192_1">QuickLinks</A></FONT>
<font size=3> -- Click here to rapidly navigate through this document</font>

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<hr noshade width=100% align=left size=4>
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<P ALIGN="CENTER"><FONT SIZE=5><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>  </B></FONT><FONT SIZE=2><B>WASHINGTON,&nbsp;D.C. 20549  </B></FONT></P>

<P ALIGN="CENTER"><FONT SIZE=5><B>SCHEDULE 13G/A<BR>  </B></FONT><FONT SIZE=3><B>(AMENDMENT NO. 2)<BR>
(Rule&nbsp;13d-102)  </B></FONT></P>

<P ALIGN="CENTER"><FONT SIZE=2>INFORMATION STATEMENT PURSUANT TO RULES 13d-1(b)&nbsp;AND (c),&nbsp;AND AMENDMENTS THERETO<BR>
FILED PURSUANT TO RULE 13d-2<BR>
UNDER THE SECURITIES EXCHANGE ACT OF&nbsp;1934 </FONT></P>

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<TD COLSPAN=3 ALIGN="CENTER" VALIGN="TOP"><FONT SIZE=2> Celestica&nbsp;Inc.</FONT><HR NOSHADE><FONT SIZE=2> (Name of Issuer)</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=3 ALIGN="CENTER" VALIGN="TOP"><BR><FONT SIZE=2> Subordinate Voting Shares</FONT><HR NOSHADE><FONT SIZE=2> (Title of Class of Securities)</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=3 ALIGN="CENTER" VALIGN="TOP"><BR><FONT SIZE=2> 15101Q108</FONT><HR NOSHADE><FONT SIZE=2> (CUSIP Number)</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=3 ALIGN="CENTER" VALIGN="TOP"><BR><FONT SIZE=2> February&nbsp;16, 2005</FONT><HR NOSHADE><FONT SIZE=2> (Date of Event Which Requires Filing of this Statement)</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD WIDTH="49%" ALIGN="RIGHT" VALIGN="TOP"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="49%" VALIGN="TOP"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
</TABLE>
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<P><FONT SIZE=2>Check
the appropriate box to designate the rule pursuant to which this Schedule is filed: </FONT></P>

<P><FONT SIZE=2><FONT FACE="WINGDINGS">&#111;</FONT>
Rule&nbsp;13d-1(b) </FONT></P>

<P><FONT SIZE=2><FONT FACE="WINGDINGS">&#111;</FONT> Rule&nbsp;13d-1(c) </FONT></P>

<P><FONT SIZE=2><FONT FACE="WINGDINGS">&#253;</FONT> Rule&nbsp;13d-1(d) </FONT></P>

<P ALIGN="RIGHT"><FONT SIZE=2>Page 1 of 5 pages </FONT></P>

<P><FONT SIZE=2><hr
noshade width=100% align=left size=1>
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<P ALIGN="CENTER"><FONT SIZE=3><B>SCHEDULE 13G</B></FONT></P>

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<TR VALIGN="TOP">
<TD WIDTH="49%"><FONT SIZE=2>CUSIP No.&nbsp;<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15101Q108&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="49%" ALIGN="RIGHT"><FONT SIZE=2>Page&nbsp;<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U> of
<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>&nbsp;Pages</FONT></TD>
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<TD WIDTH="4%"><BR><FONT SIZE=2><B>1</B></FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="85%"><FONT SIZE=2><BR>
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (entities only)<BR>
Onex Corporation</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD WIDTH="7%"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=5><HR NOSHADE></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="4%"><FONT SIZE=2><B>2</B></FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="85%"><FONT SIZE=2>CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See&nbsp;Instructions)</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="7%"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="4%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="85%"><FONT SIZE=2>(a)&nbsp;&nbsp;&nbsp;&nbsp;<FONT FACE="WINGDINGS">&#111;</FONT><BR>
(b)&nbsp;&nbsp;&nbsp;&nbsp;<FONT FACE="WINGDINGS">&#111;</FONT></FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="7%"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=5><HR NOSHADE></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="4%"><FONT SIZE=2><B>3</B></FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="85%"><FONT SIZE=2>SEC USE ONLY</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="7%"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=5><HR NOSHADE></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="4%"><FONT SIZE=2><B>4</B></FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="85%"><FONT SIZE=2>CITIZENSHIP OR PLACE OF ORGANIZATION</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="7%"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="4%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="85%"><FONT SIZE=2>Ontario, Canada</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="7%"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=5><HR NOSHADE></TD>
</TR>
</TABLE>
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<TABLE WIDTH="100%" BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR VALIGN="TOP">
<TD WIDTH="22%" ALIGN="CENTER"><FONT SIZE=2>NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="76%"><FONT SIZE=2><B>5</B></FONT><FONT SIZE=2> SOLE VOTING POWER<BR>
None</FONT><HR NOSHADE><FONT SIZE=2><B>6</B></FONT><FONT SIZE=2> SHARED VOTING POWER<BR>
32,777,273&nbsp;Subordinate Voting Shares, including (i)&nbsp;2,925,643 Subordinate Voting Shares and (ii)&nbsp;29,851,630 Subordinate Voting Shares issuable upon conversion of Multiple Voting Shares of the Issuer. Each Multiple Voting Share is
presently convertible into one Subordinate Voting Share.</FONT><HR NOSHADE><FONT SIZE=2><B>7</B></FONT><FONT SIZE=2> SOLE DISPOSITIVE POWER<BR>
None</FONT><HR NOSHADE><FONT SIZE=2><B>8</B></FONT><FONT SIZE=2> SHARED DISPOSITIVE POWER<BR>
32,777,273&nbsp;Subordinate Voting Shares, including (i)&nbsp;2,925,643 Subordinate Voting Shares and (ii)&nbsp;29,851,630 Subordinate Voting Shares issuable upon conversion of Multiple Voting Shares of the Issuer. Each Multiple Voting Share is
presently convertible into one Subordinate Voting Share.</FONT></TD>
</TR>
</TABLE>
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<TABLE WIDTH="100%" BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR VALIGN="TOP">
<TD COLSPAN=5><HR NOSHADE></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="4%"><FONT SIZE=2><B>9</B></FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="85%"><FONT SIZE=2>AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<BR>
32,777,273&nbsp;Subordinate Voting Shares, including (i)&nbsp;2,925,643 Subordinate Voting Shares and (ii)&nbsp;29,851,630 Subordinate Voting Shares issuable upon conversion of Multiple Voting Shares of the Issuer. Each Multiple Voting Share is
presently convertible into one Subordinate Voting Share.</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="7%"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=5><HR NOSHADE></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="4%"><FONT SIZE=2><B>10</B></FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="85%"><FONT SIZE=2>CHECK IF THE AGGREGATE AMOUNT IN ROW (9)&nbsp;EXCLUDES CERTAIN SHARES (See&nbsp;Instructions)</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="7%" ALIGN="RIGHT"><FONT SIZE=2><FONT FACE="WINGDINGS">&#111;</FONT></FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=5><HR NOSHADE></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="4%"><FONT SIZE=2><B>11</B></FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="85%"><FONT SIZE=2>PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)<BR>
1.5% of the Subordinate Voting Shares (14.6% of the Subordinate Voting Shares, assuming conversion of all of the Multiple Voting Shares into Subordinate Voting Shares). 79.6% of the combined voting power of the Issuer's Subordinate and Multiple
Voting Shares; each Subordinate Voting Share is entitled to one vote and each Multiple Voting Share is entitled to twenty-five votes.</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="7%"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=5><HR NOSHADE></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="4%"><FONT SIZE=2><B>12</B></FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="85%"><FONT SIZE=2>TYPE OF REPORTING PERSON (See&nbsp;Instructions)<BR>
CO</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="7%"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=5><HR NOSHADE></TD>
</TR>
</TABLE>
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<HR NOSHADE>
<P style='page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=2,EFW="2152739",CP="CELESTICA",DN="1",CHK=348244,FOLIO='blank',FILE='DISK020:[05TOR2.05TOR1192]DA1192A.;11',USER='EMATTHE',CD='28-FEB-2005;16:33' -->

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Statement on Schedule&nbsp;13G (the&nbsp;"Schedule&nbsp;13G") relating to the Subordinate Voting Shares (the&nbsp;"Subordinate Voting Shares") of Celestica&nbsp;Inc., a
company incorporated under the laws of the Province of Ontario, Canada (the&nbsp;"Issuer"), previously filed by Onex Corporation ("Onex" or the "Reporting Person") on July&nbsp;7, 1998, as
amended, is hereby amended as set forth below. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except
as specifically provided herein, this Amendment No.&nbsp;2 does not modify any of the information previously reported on the Schedule&nbsp;13G. </FONT></P>

<P><FONT SIZE=2>ITEM 1(b)&nbsp;&nbsp;&nbsp;&nbsp;ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICE </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1150&nbsp;Eglinton
Avenue, Toronto, Ontario, Canada M3C&nbsp;1H7 </FONT></P>

<P><FONT SIZE=2>ITEM 4&nbsp;&nbsp;&nbsp;&nbsp;OWNERSHIP: </FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Information
in this Schedule&nbsp;13G with respect to the Subordinate Voting Shares and Multiple Voting Shares of the Issuer has been adjusted to reflect the effect of the Issuer's
December&nbsp;1999 two-for-one stock split by way of a stock dividend. </FONT></P>

<UL>
<DL compact>
<DT style='margin-bottom:-11pt;'><FONT SIZE=2>(a)</FONT></DT><DD><FONT SIZE=2>Amount
Beneficially Owned: </FONT></DD></DL>
</UL>
<UL>
<UL>

<P><FONT SIZE=2>32,777,273&nbsp;Subordinate
Voting Shares, including (i)&nbsp;2,925,643 Subordinate Voting Shares and (ii)&nbsp;29,851,630 Subordinate Voting Shares issuable upon conversion of Multiple Voting
Shares of the Issuer. Each Multiple Voting Share is presently convertible into one Subordinate Voting Share. </FONT></P>

</UL>
<DL compact>
<DT style='margin-bottom:-11pt;'><FONT SIZE=2>(b)</FONT></DT><DD><FONT SIZE=2>Percent
of Class: </FONT></DD></DL>
<UL>

<P><FONT SIZE=2>1.5%
of the Subordinate Voting Shares (14.6% of the Subordinate Voting Shares, assuming conversion of all of the Multiple Voting Shares into Subordinate Voting Shares). 79.6% of the combined voting
power of the Issuer's Subordinate and Multiple Voting Shares; each Subordinate Voting Share is entitled to one vote and each Multiple Voting Share is entitled to twenty-five votes. </FONT></P>

</UL>
<DL compact>
<DT style='margin-bottom:-11pt;'><FONT SIZE=2>(c)</FONT></DT><DD><FONT SIZE=2>Number
of shares as to which such person has:
<BR><BR></FONT>
<DL compact>
<DT style='margin-bottom:-11pt;'><FONT SIZE=2>(i)</FONT></DT><DD><FONT SIZE=2>Sole
power to vote or to direct the vote: </FONT></DD></DL>
</DD></DL>
<UL>
<UL>

<P><FONT SIZE=2>0
</FONT></P>

</UL>
<DL compact>
<DT style='margin-bottom:-11pt;'><FONT SIZE=2>(ii)</FONT></DT><DD><FONT SIZE=2>Shared
power to vote or to direct the vote: </FONT></DD></DL>
</UL>
</UL>
<UL>
<UL>
<UL>

<P><FONT SIZE=2>32,777,273&nbsp;Subordinate
Voting Shares, including (i)&nbsp;2,925,643 Subordinate Voting Shares and (ii)&nbsp;29,851,630 Subordinate Voting Shares issuable upon conversion of Multiple Voting
Shares of the Issuer. Each Multiple Voting Share is presently convertible into one Subordinate Voting Share. </FONT></P>

</UL>
</UL>
</UL>
<P ALIGN="RIGHT"><FONT SIZE=2>Page
3 of 5 pages </FONT></P>

<HR NOSHADE>
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<UL>
<UL>
<DL compact>
<DT style='margin-bottom:-11pt;'><FONT SIZE=2>(iii)</FONT></DT><DD><FONT SIZE=2>Sole
power to dispose or to direct the disposition of: </FONT></DD></DL>
</UL>
</UL>
<UL>
<UL>
<UL>

<P><FONT SIZE=2>0
</FONT></P>

</UL>
<DL compact>
<DT style='margin-bottom:-11pt;'><FONT SIZE=2>(iv)</FONT></DT><DD><FONT SIZE=2>Shared
Power to dispose or to direct the disposition of: </FONT></DD></DL>
</UL>
<UL>
<UL>

<P><FONT SIZE=2>1.5%
of the Subordinate Voting Shares (14.6% of the Subordinate Voting Shares, assuming conversion of all of the Multiple Voting Shares into Subordinate Voting Shares). 79.6% of the combined voting
power of the Issuer's Subordinate and Multiple Voting Shares; each Subordinate Voting Share is entitled to one vote and each Multiple Voting Share is entitled to twenty-five votes. </FONT></P>

</UL>
</UL>
</UL>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;During
2000, Onex and its affiliates (the&nbsp;"Onex Entities") entered into forward sale agreements, the terms of which are set forth in Amendment No.&nbsp;1 to&nbsp;the
Schedule&nbsp;13G. These agreements are with Merrill Lynch Canada,&nbsp;Inc. and the Bank of Nova Scotia. As of the date hereof, the following shares are pledged pursuant to these agreements: </FONT></P>

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<TABLE WIDTH="100%" BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR VALIGN="BOTTOM">
<TH WIDTH="38%" ALIGN="LEFT"><FONT SIZE=1><B>Series<BR> </B></FONT><HR NOSHADE></TH>
<TH WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH WIDTH="19%" ALIGN="CENTER"><FONT SIZE=1><B>Maturity Date</B></FONT><HR NOSHADE></TH>
<TH WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH WIDTH="19%" ALIGN="CENTER"><FONT SIZE=1><B>Number of<BR>
Subordinate Voting Shares</B></FONT><HR NOSHADE></TH>
<TH WIDTH="2%"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH WIDTH="17%" ALIGN="CENTER"><FONT SIZE=1><B>Reference Price<BR>
Per Share</B></FONT><HR NOSHADE></TH>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="38%"><FONT SIZE=2>Two</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="19%" ALIGN="CENTER"><FONT SIZE=2>August&nbsp;17, 2025</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="19%" ALIGN="RIGHT"><FONT SIZE=2>472,840</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="17%" ALIGN="CENTER"><FONT SIZE=2>Cdn $101.00</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD WIDTH="38%"><FONT SIZE=2> Four</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="19%" ALIGN="CENTER"><FONT SIZE=2>November&nbsp;2, 2025</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="19%" ALIGN="RIGHT"><FONT SIZE=2>1,284,627</FONT></TD>
<TD WIDTH="2%"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="17%" ALIGN="CENTER"><FONT SIZE=2>Cdn $117.78</FONT></TD>
</TR>
</TABLE>
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<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Series
One and Three have matured and the positions in each have been closed through the exchange of Subordinate Voting Shares for Cash. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On
February&nbsp;16, 2005, Onex redeemed all of the exchangeable debentures due 2025. Onex elected to satisfy the principal amount of the debentures, an aggregate of
$728.9&nbsp;million, with Subordinate Voting Shares based upon the fixed exchange rates provided in the debentures. In the aggregate, Onex delivered 9,214,320&nbsp;Subordinate Voting Shares on the
redemption and paid an early termination premium of approximately $12.2&nbsp;million and accrued interest in cash. </FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Onex
converted 9,214,320&nbsp;Multiple Voting Shares into Subordinate Voting Shares to facilitate the redemption. The redemption of the debentures did not affect the value of Onex'
interest in Celestica. Onex undertook the redemption to eliminate its annual interest expense of approximately $11.3&nbsp;million on the debentures. </FONT></P>

<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As
of the date hereof, after giving effect to the redemption of the debentures, Onex beneficially owns 32,777,273&nbsp;Subordinate Voting Shares of the Issuer, including
(i)&nbsp;2,925,643 Subordinate Voting Shares and (ii)&nbsp;29,851,630 Subordinate Voting Shares issuable upon conversion of Multiple Voting Shares of the Issuer; each Multiple Voting Share is
currently convertible into one Subordinate Voting Share. Of the Multiple Voting Shares owned beneficially by Onex, 2,421,638&nbsp;are held by wholly-owned subsidiaries of Onex and
1,757,467&nbsp;may be delivered, at the Onex Entities's option, to satisfy the obligations under the equity forward sale agreements with Merrill Lynch Canada,&nbsp;Inc. and the Bank of Nova
Scotia. Of the Subordinate Voting Shares beneficially owned by Onex, 917,361&nbsp;are held in trust for Celestica Employee Nominee Corporation, as agent for and on behalf of certain executives and
employees of the Issuer pursuant to the Issuer's employee share purchase and option plans, 33,755 are held by an indirectly wholly-owned subsidiary of Onex and 225,376 are directly or indirectly held
by certain officers and employees of Onex and members of their respective families, which, in each case, Onex has the right to vote. </FONT></P>

<P ALIGN="RIGHT"><FONT SIZE=2>Page
4 of 5 pages </FONT></P>

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NAME="jc1192_signature"> </A>
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<BR></FONT><FONT SIZE=2><B>SIGNATURE    <BR>    </B></FONT></P>


<P><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. </FONT></P>

<P><FONT SIZE=2>Date:
February 28, 2005 </FONT></P>

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<TD WIDTH="44%"><FONT SIZE=2>&nbsp;</FONT></TD>
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<TD COLSPAN=2><FONT SIZE=2>ONEX CORPORATION</FONT></TD>
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By:</FONT></TD>
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/s/&nbsp;&nbsp;</FONT><FONT SIZE=2>DONALD W. LEWTAS</FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><HR NOSHADE><FONT SIZE=2> Name: Donald W. Lewtas<BR>
Title:&nbsp;&nbsp;Authorized Signatory<BR></FONT>
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<P ALIGN="RIGHT"><FONT SIZE=2>Page
5 of 5 pages </FONT></P>

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<P><br><A NAME="05TOR1192_1">QuickLinks</A><br></P><!-- TOC_BEGIN -->
<FONT SIZE=2><A HREF="#toc_jc1192_1">SIGNATURE</A></FONT><BR>
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