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Press Release

MDC Partners Hosts Conference Call Announcing Financial Results for the Year and Fourth Quarter Ending December 31, 2003

TORONTO, Ontario (February 18, 2004) – MDC Partners Inc. (“MDC”) of Toronto will announce its financial results for the year and fourth quarter ended December 31, 2003 on Wednesday, February 25, 2004. On that day, MDC will conduct a conference call with the media and investment community to detail the company’s financial performance.

The conference call will begin at 4:00 p.m. EST and will be accessible by dialing 416-640-4127 or Toll Free 1-800-796-7558.

Please ask the operator for the “MDC Conference with Miles S. Nadal”. To ensure proper connection, it is advised to call ten minutes prior to start time.

A recording of the conference call will be available until Wednesday, March 3, 2004 by dialing 416-640-1917 or 1-877-289-8525 (Passcode 21039339#), or by visiting our website at www.mdc-partners.com

About MDC Partners Inc.

MDC Partners is one of the world’s leading marketing communications firms. Through its partnership of entrepreneurial firms, MDC provides advertising and specialized communication services to leading brands throughout the United States, Canada and the United Kingdom. MDC Class A shares are publicly traded on the Toronto Stock Exchange under the symbol MDZ.A and on the NASDAQ under the symbol MDCA.