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Press Release

MDC Partners Clarifies that Temporary OSC Trade Order Applies Only to Management and Insiders

TORONTO, Ontario (November 19, 2004) – Toronto, Canada, November 19, 2004 – MDC Partners Inc. (“MDC Partners”) (TSX: MDZ.A, NASDAQ: MDCA) announced today that the information released today by the Ontario Securities Commission (“OSC”) regarding the trading restriction on MDC Partners’ securities applies only to MDC Partners’ management and insiders. MDC Partners’ securities remain freely tradable by all other investors.

About MDC Partners Inc.

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

This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve risks and uncertainties which may cause the actual results or objectives to be materially different from those expressed or implied by such forward-looking statements. Such factors include, among other things, the Company’s financial performance; changes in the competitive environment; adverse changes in the economy; ability to maintain long-term relationships with customers; financing requirements and other factors set forth in the Company’s Form 40-F for its fiscal year ended December 31, 2003 and subsequent SEC filings.