MERCATOR TRANSPORT ANNOUNCES REVENUE ABOVE $11.5 MILLION FOR A THIRD
CONSECUTIVE QUARTER

LAVAL, QC, Dec. 20 /CNW Telbec/ - Mercator Transport Group Corporation ("Mercator Transport") (TSX VENTURE: GMT), announces its financial results for the three-month period ended October 31, 2010.

Financial Highlights
Selected Consolidated Results

(in thousands of Canadian dollars, amounts per share excepted)	Q2 2010-   2011	Q2 2009-   2010	2010-2011   (6 months)	2009-2010 (6 months)
Revenue	11,958	6,754	23,657	11,129
EBITDA^1(EBITDA^1loss)	(4)	170	48	190
Net Profit (Net Loss)	(63)	82	(15)	62
Net Profit (Net Loss) per share	(0.002)	0.003	(0.000)	0.003

Mercator Transport's revenue continues to grow, with revenue of $11,958,000 for the second quarter of 2010-2011, a $5,204,000 or 77 % increase compared to the same period a year earlier. Mercator Transport reported a $4,000 EBITDA¹ loss and a $63,000 ($0.002 per share) net loss for the second quarter of 2010-2011, compared to EBITDA of $170,000 and net profit of $82,000 ($0.003 per share) reported for the same period a year earlier.

The integration of the new places of business and acquisitions by the corporation allow to generate new revenue compared to the same period in the previous year, but also result in increased costs, accounted for by start-up expenses made to ensure the development and integration of the new places of business, including those made in the human resources sector. The Canadian logistics and distribution activities of the corporation, representing the traditional core business activities of Mercator Transport, show, for their part, rising profitability.

"We have succeeded at generating quarterly revenue close to $12 million for a third consecutive quarter, thanks to our selective international growth strategy," said Mr. Jean-Pierre Apélian, President and CEO.

For further information, please refer to Mercator Transport's management discussion and analysis and quarterly unaudited financial statements, available on SEDAR's website, at www.sedar.com.

About Mercator Transport

Mercator Transport specializes in freight forwarding, international logistics and distribution. Based in Montreal (Canada), with offices in the United States, France, Ghana, Kenya, Uganda, Tanzania and Zambia, Mercator Transport offers value-added services in global supply chain management, and designs tailor-made solutions. Customer intimacy and commitment differentiates Mercator Transport in its ability to implement customers' requirements.

Neither TSX Venture Exchange nor its Regulatory Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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¹Non-GAAP measure, as defined in Mercator Transport's MD&A.

For further information:

Mr. Patrick Bazinet, Director and Interim CFO
Investor relations
[email protected]
[phone]