MOUNT REAL CORPORATION

MOUNT REAL CORPORATION

March 09, 2005 11:50 ET

Mount Real Reports Year End Results


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: MOUNT REAL CORPORATION

TSX SYMBOL: MRF

MARCH 9, 2005 - 11:50 ET

Mount Real Reports Year End Results

MONTREAL, QUEBEC--(CCNMatthews - March 9, 2005) - Mount Real Corporation
("Mount Real")(TSX:MRF) today announced its financial results for the
fourth quarter and year ended as at December 31, 2004.

For the year ended December 31, 2004 revenue totaled $45,749,861 an
increase of 15% compared to $39,630,295 for the year ended in 2003.

Net earnings for the year ended December 31, 2004 were $11,404,526, an
increase of 3% as compared to $11,063,091 for 2003. Based on the
weighted average number of 8,907,510 shares outstanding at December 31,
2004 versus 8,975,589 for 2003, earnings per share were $1.28 compared
to $1.23 for the year ended December 31, 2003. Fully diluted earnings
per share were $1.28 for the year ended December 31, 2004 as compared to
$1.23 for the same period in 2003.

For the three-month period ended December 31, 2004, revenues reached
$13,088,366, representing a 9% increase versus $12,060,121 for the same
period in 2003. Net earnings for the three-month period ended December
31, 2004 were $3,187,230, an increase of 44% versus $2,215,204 in 2003
for the same quarter ended December 31, 2003.

Joseph Pettinicchio, President of Mount Real said: "Overall, management
is pleased with the results for 2004. We began to see the benefits from
the TMI programs initiated by Real Readers, a sales management
organization acquired in 2003. As the TMI programs continue to grow,
Mount Real will benefit through improved financial results.

The Annual General Shareholders' Meeting of Mount Real will take place
on April 28 2004, at The Saint James Club at 2:00 P.M.

Mount Real's business is management accounting, information management
and media services. Mount Real uses "TMI" Tactics Marketing
Intelligence, a business intelligence system, for the management of
proprietary and non-proprietary consumer databases. Mount Real is listed
under the stock-trading symbol MRF on the Toronto Stock Exchange.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Source:
    Lino P. Matteo
    Chief Executive Officer
    or
    General Information:
    Kelly Leonard
    (514) 762-2500
    (514) 762-6535 (FAX)
    kelly@mountreal.com
    www.mountreal.com