MDC Partners Increases Guidance for Fiscal Year 2012

Revenue guidance increases by $50 million to a range of $1.05 billion to $1.075 billion, an increase of +11.3% to +14.0% versus 2011 EBITDA guidance increases by $8 million to a range of $110 million to $115 million, an increase of +21.2% to +26.7% versus 2011 EBITDA margins estimated to increase by a range of +90 basis points to +110 basis points over 2011 to 10.5% to 10.7% Free Cash Flow guidance increases by $7 million to a range of $35 million to $40 million, an increase of +50.8% to +72.3% versus 2011 Total Free Cash Flow guidance increases by $7 million to a range of $60 million to $65 million, an increase of +10.6% to +19.8% versus 2011 Declares semi-annual dividend of $0.28 per share and maintains annual dividend rate of $0.56 per share Investor call scheduled for 9:30AM EDT today to review the updated financial guidance MDC Partners Inc.

today announced increased financial guidance for Fiscal Year 2012. Miles S. Nadal, Chairman and Chief Executive Officer of MDC Partners, said, "Our business has been performing very well in 2012 thus far. We have won some significant pieces of business, completed three strategic investments that are highly accretive, and entered into a joint venture in Brazil, further enhancing our ability to service multinational clients with a sustainable point of differentiation. "These strategic investments enhance our creative, digital and analytics market leadership. We now have a formidable, scaled media platform under the Maxxcom Global Media umbrella. Of significant importance is that all of these initiatives have enhanced the overall financial performance of MDC Partners on all significant metrics, benefitting our income statement, balance sheet and our statement of cash flows. "As a result, we are increasing our financial guidance for 2012. Revenue guidance is increasing by $50 million to a range of $1.05 billion to $1.075 billion, an increase of +11.3% to +14.0% year over year. EBITDA guidance is increasing by $8 million to a range of $110 million to $115 million, an increase of +21.2% to +26.7% year over year. Free Cash Flow guidance is increasing by $7 million to a range of $35 million to $40 million, an increase of +50.8% to +72.3% year over year. EBITDA margins in 2012 are now expected to expand by a range of +90 basis points to +110 basis points versus 2011 to 10.5% to 10.7%, an incremental +30 basis points versus our initial expectations for the year."