Exhibit 12

Statement of Computation of Ratio of Earnings to Fixed Charges

	Six Months Ended June 30,
	2009		2008
	(000’s)		(000’s)
Earnings:
Income (loss) from continuing operations attributable to MDC Partners Inc.	$	468	$	(1,937	)
Additions:
Income tax expense		2,223		4,193
Noncontrolling interest in income of consolidated subsidiaries		1,365		5,167
Fixed charges, as shown below		10,245		10,294
Distributions received from equity-method investees		—		—
		13,833		19,654
Subtractions:
Equity in income of investees		198		221
Noncontrolling interest in earnings of consolidated subsidiaries that have not incurred fixed charges		—		—
		198		221
Earnings as adjusted	$	14,103	$	17,496
Fixed charges:
Interest on indebtedness, expensed or capitalized		6,823		6,879
Amortization of debt discount and expense and premium on indebtedness, expensed or capitalized		661		688
Interest within rent expense		2,761		2,727
Total fixed charges	$	10,245	$	10,294
Ratio of earnings to fixed charges		1.38		1.70