MDA Reports Final Fourth Quarter and Full Year 2007 Results



    RICHMOND, BC, March 26 /CNW/ - MacDonald, Dettwiler and Associates Ltd.
(TSX: MDA), a provider of essential information solutions, today reported
audited financial results for the year ended December 31, 2007. These
financial results have not changed from the preliminary financial information
announced February 26, 2008.
    For the three months ended December 31, 2007, consolidated revenues
increased to $294 million from $288 million for the same period last year. Net
earnings increased to $30 million, or $0.70 per diluted share, compared to
$22 million, or $0.51 per diluted share, for the fourth quarter a year ago.
    For the year ended December 31, 2007, consolidated revenues increased to
$1,204 million from $1,053 million for the prior year. Net earnings increased
to $95 million, or $2.18 per diluted share, compared to $84 million, or $1.95
per diluted share, for the year ended December 31, 2006.

    
    -------------------------------------------------------------------------
                                Three months ended      Twelve months ended
                                    December 31,            December 31,
                                    2007        2006        2007        2006
    -------------------------------------------------------------------------
    ($ thousands, except per
     common share amounts)
    Consolidated revenues     $  294,143  $  287,675  $1,204,239  $1,052,506
    Earnings before income
     taxes                        42,039      30,695     129,560     117,246
    Net earnings                  30,270      22,145      94,967      83,596
    Net earnings per diluted
     common share             $     0.70  $     0.51  $     2.18  $     1.95
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
    All results are reported in Canadian dollars and are prepared in
    accordance with Canadian generally accepted accounting principles.
    

    About MDA

    MDA provides advanced information solutions that capture and process vast
amounts of data, produce essential information, and improve the decision
making and operational performance of business and government organizations
worldwide.
    Focused on markets and customers with strong repeat business potential,
MDA delivers a broad spectrum of information solutions, ranging from complex
operational systems, to tailored information services, to electronic
information products.
    MDA employs more than 3,000 people in locations across the United States,
the United Kingdom, and Canada. The Company's common shares trade on the
Toronto Stock Exchange under the symbol TSX:MDA.

    Related Websites:
    www.mdacorporation.com

    Forward-Looking Statements
    --------------------------
    This release contains forward-looking statements and information, which
reflect the current view of MacDonald, Dettwiler and Associates Ltd. with
respect to future events and financial performance. Any such forward-looking
statements are subject to risks and uncertainties and MDA's actual results of
operations could differ materially from historical results or current
expectations. Additional information on these and other potential factors that
could affect MDA's financial results are detailed in documents filed from time
to time with the applicable Canadian securities regulatory authorities.

    The Toronto Stock Exchange has neither approved nor disapproved the form
    or content of this release.

    %SEDAR: 00014148E




For further information:

For further information: Wendy Keyzer, MDA External Relations, (604)
231-2743, wendy@mdacorporation.com


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