Mercator Transport Group Corporation Announces a fifth consecutive quarterly Increase in Revenues since its listing on the TSX Venture in January 2007



    LAVAL, QC, June 25 /CNW Telbec/ - Mercator Transport Group Corporation
("Mercator") (TSX VENTURE: GMT), announces its financial results for the
three-month period ended April 30, 2008.

    
    Financial Highlights
    Selected Consolidated Results

    -------------------------------------------------------------------------
    (in thousands of                  Q4/2008        Q4/2007        Q3/2008
     Canadian dollars)
    -------------------------------------------------------------------------
    Revenue                             4 802          2 879          4 021
    -------------------------------------------------------------------------
    Gross Profit                          574            336            481
    -------------------------------------------------------------------------
    EBITDA                                (41)          (221)          (202)
    -------------------------------------------------------------------------
    Net Profit (Net Loss)                 (60)          (107)          (189)
    -------------------------------------------------------------------------
    

    As part of Mercator's sustained growth, revenues increased by
$1 923 000 $ or 66.8%, to $4 021 000, compared to $2 760 000 for the same
period in 2007. The gross margin is 12% compared to 11.7% for 2007.
    During the three-month period ended April 30, 2008, Mercator's revenues
have significantly increased compared to the three-month period ended January
31, 2008. The gross margin remained relatively stable at 12% compared to 11.9%
for the previous quarter.
    It is important to note that these results show a fifth consecutive
quarterly increase in revenues for Mercator since its listing on the TSX
Venture in January 2007. These five quarters of growth add up to the seven
quarters of growth recorded in the period preceding its listing on the TSX
Venture, for a total of twelve consecutive quarters of revenue increase.
    The net operating loss for the fourth quarter amounting to $60 000 is
primarily the result of an increase in salaries and fringe benefits required
for Mercator's growth.
    Mercator plans to release its annual consolidated audited financial
statements within the first fifteen days of August 2008.

    About Mercator

    Mercator specializes in freight forwarding, international logistics and
distribution. Mercator offers high value-added services in global supply chain
management, and designs tailor-made solutions. Customer intimacy and
commitment differentiates Mercator in its ability to implement customers'
requirements.

    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.
    %SEDAR: 00020866EF




For further information:

For further information: Mr. Patrick Bazinet, Director, Investor
relations, (450) 667-8886, investisseur@corpgmt.com

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MERCATOR TRANSPORT GROUP CORPORATION

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