Exhibit 12

Statement of Computation of Ratio of Earnings to Fixed Charges

	Three Months Ended
	March 31,
	2013			2012
	(000’s)			(000’s)
Earnings:
Loss from continuing operations attributable to MDC Partners Inc.	$	(41,601	)	$	(25,189	)
Additions:
Income tax expense (benefit)		(14,250	)		1,263
Noncontrolling interest in income of consolidated subsidiaries		984			1,497
Fixed charges, as shown below		71,194			13,571
Distributions received from equity-method investees		3,096			—
		61,024			16,331
Subtractions:
Equity in income (loss) of investees		41			272
Noncontrolling interest in earnings of consolidated subsidiaries that have not incurred fixed charges		—			—
		41			272
Earnings as adjusted	$	19,382		$	(9,130	)
Fixed charges:
Interest on indebtedness, expensed or capitalized		62,363			10,437
Amortization of debt discount and expense and premium on indebtedness, expensed or capitalized		5,653			559
Interest within rent expense		3,178			2,575
Total fixed charges	$	71,194		$	13,571
Ratio of earnings to fixed charges		N/A			N/A
Fixed charge deficiency	$	51,812			22,701