|                                                                                                  |   | Three Months EndedMarch 31, |    |
|-------------------------------------------------------------------------------------------------------|--------|--------------------------------------------|---------|
|                                                                                                  |   | 2011                                       |    |   | 2010 |   |
|                                                                                                  |   | (000’s)                              |    |   | (000’s) |   |
| Earnings:                                                                                             |   |                                       |    |   |   |   |   |   |
| Income (loss) from continuing operations attributable to MDC Partners Inc.                            |   | $                                          | (8,685  | )  |   | $ | (9,710 | )  |
| Additions:                                                                                            |   |                                       |    |   |   |   |   |   |
| Income tax expense                                                                                    |   |                                       | 358     |   |   |   | 249 |   |
| Noncontrolling interest in income of consolidated subsidiaries                                        |   |                                       | 1,605   |   |   |   | 1,023 |   |
| Fixed charges, as shown below                                                                         |   |                                       | 11,696  |   |   |   | 8,288 |   |
| Distributions received from equity-method investees                                                   |   |                                       | 3,783   |   |   |   | 7 |   |
|                                                                                                  |   |                                       | 17,442  |   |   |   | 9,567 |   |
| Subtractions:                                                                                         |   |                                       |    |   |   |   |   |   |
| Equity in income (loss) of investees                                                                  |   |                                       | 255     |   |   |   | (104 | )  |
| Noncontrolling interest in earnings of consolidated subsidiaries that have not incurred fixed charges |   |                                       | — |   |   |   | — |   |
|                                                                                                  |   |                                       | 255     |   |   |   | (104 | )  |
|                                                                                                  |   |                                       |    |   |   |   |   |   |
| Earnings as adjusted                                                                                  |   | $                                          | 8,502   |   |   | $ | (39 | )  |
| Fixed charges:                                                                                        |   |                                       |    |   |   |   |   |   |
| Interest on indebtedness, expensed or capitalized                                                     |   |                                       | 8,927   |   |   |   | 6,377 |   |
| Amortization of debt discount and expense and premium on indebtedness, expensed or capitalized        |   |                                       | 637     |   |   |   | 651 |   |
| Interest within rent expense                                                                          |   |                                       | 2,132   |   |   |   | 1,260 |   |
| Total fixed charges                                                                                   |   | $                                          | 11,696  |   |   | $ | 8,288 |   |
| Ratio of earnings to fixed charges                                                                    |   |                                       | N/A     |   |   |   | N/A |   |
| Fixed charge deficiency                                                                               |   | $                                          | 3,194   |   |   | $ | 8,327 |   |

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