GMT

Montreal, Quebec, August 27, 2013 - Mercator Transport Group Corporation ("Mercator Transport" or the "Corporation") (TSX-V: GMT), announces its financial results for the year ended April 30, 2013.

Financial Highlights

Selected Consolidated Results

Audited

 ----------------------------------------------------------------
 |(in thousands of Canadian dollars, amounts per|201    |201    |
 |share excepted)                               |2-2013 |1-2012 |
 |                                              |$      |$  re  |
 |                                              |       |cast  2|
 |--------------------------------------------------------------|
 |Logist ics and distribution (Gross Revenues)  |29,515 |37,658 |
 |--------------------------------------------------------------|
 |Customs, duties and t axes                    |(3,403)|(5,379)|
 |--------------------------------------------------------------|
 |Net r evenues                                 |26,112 |32,279 |
 |--------------------------------------------------------------|
 |EBITDA 1 (EBITDA 1 loss)                      |(1,587)|(1,843)|
 |--------------------------------------------------------------|
 |Net l oss from continuing operations          |(3,460)|(1,987)|
 |--------------------------------------------------------------|
 |Net l oss from discontinued operations        |(1,516)|(2,169)|
 |--------------------------------------------------------------|
 |Net  loss attributable to owners of the       |(4,900)|(3,691)|
 |Corporation                                   |       |       |
 |--------------------------------------------------------------|
 |Net l oss from continuing operations per      |       |       |
 |share, basic and fully diluted                |(0.091)|(0.050)|
 |--------------------------------------------------------------|
 |Net l oss per share, basic and fully diluted  |(0.131)|(0.099)|
 ----------------------------------------------------------------

1 See definition of non-IFRS measure in Mercator Transport's MD&A.

2See Note 5 (Business acquisitions, sale and discontinued operations of West Africa and Mercator East Africa) of the consolidated financial statements for the year ended April 30, 2013.

For the year ended April 30, 2013, Mercator Transport net revenues totalled $26.1 million, a decrease of $6.2 million or 19% compared to last year.

The Company incurred an EBITDA(1) loss of $(1,587,000) for the year ended April 30, 2013, compared to (1,843,000) $ for the previous year. The reduction of the loss is attributable to a 22% reduction in selling and administrative expenses partially offset by lower sales.

A net loss from continuing operations of $3,460,000, or $(0.091) per share, was recorded in 2012-2013, compared to a net loss of $1,987,000, or $(0.050) per share, for the previous year due to increased financing costs and the write-off of the future income tax asset, factors partially offset by the improved EBITDA(1).

"During the 2012-2013 fiscal year, we completed the refinancing of our working capital, closed the sale of our subsidiaries in West Africa and significantly reduced our selling and administrative expenses, particularly at head office. The result: For the first time since the first quarter of 2010-2011, the Company has reached a breakeven EBITDA(1) in the fourth quarter of 2012-2013," said Mr. Jean-Pierre Apelian, President and CEO.

Results for 2011-2012 and of the first quarter of 2012-2013 have been restated due to the sale of the controlling interest of the Corporation in the Mercator East Africa inc. subsidiary ("MAE") closed January 25, 2012, and the sale of all our West African subsidiaries closed between October 15, 2012 and January 31, 2013. Results for all these subsidiaries for the comparative periods are presented in the "Discontinued Operations" section of the income statement.

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

About Mercator Transport

Mercator Transport specializes in air, ocean and ground transport brokerage, international logistics and distribution. Based in Montreal (Canada), with offices in France and Argentina, Mercator Transport offers value-added services in global supply chain management, and designs customized 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.

For further information:

Mr. Robert Gagnon, Chief Financial Officer

Investor relations

investisseur@corpgmt.com

(514) 738-6464

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