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Press Release

MDC Corporation Inc. Hosts Conference Call Announcing Financial Results for the First Quarter Ended March 31, 2002


TORONTO, Ontario (April 24, 2002) -MDC Corporation Inc. (“MDC”) of Toronto will announce its first quarter 2002 results Wednesday May 1st, 2002. On that day, MDC will conduct a conference call with media and the investment community to detail the company’s financial performance.

The conference call will begin at 4:00pm EST, and will be accessible by dialing in 416-640-4127, and the Toll Free Dial-In number is: 1-888-881-4892

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 May 8th, 2002, by dialing 416-640-1917 or 1-877-289-8525 (Code #187026), or by visiting our Web site at www.mdccorp.com

About MDC Corporation Inc. (“MDC”)

MDC is a publicly traded international business services organization with operating units in Canada, the United States, United Kingdom and Australia. MDC provides marketing communication services, through Maxxcom, and offers security sensitive transaction products and services in four primary areas: Personalized Transaction Products such as personal and business cheques; Electronic Transaction Products such as credit, debit, telephone & smart cards; Secure Ticketing Products, such as airline, transit and event tickets, and Stamps, both postal and excise. MDC shares are traded on the Toronto Stock Exchange under the symbol MDZ.A and on NASDAQ National Market under the symbol MDCA.

About Maxxcom Inc. (“Maxxcom”)

Maxxcom, a subsidiary of MDC Corporation, is a multi-national business services company with operating units in Canada, the United States and theUnited Kingdom. Maxxcom is built around entrepreneurial partner firms that provide a comprehensive range of communications services to clients in North America and the United Kingdom. Services include; advertising, direct marketing, database management, sales promotion, public relations, public affairs, investor relations, marketing research and consulting, corporate identity and branding, and interactive marketing. Maxxcom shares are traded on the Toronto Stock Exchange under the symbol MXX.