Multi-Color Declares Quarterly Dividend

SHARONVILLE, Ohio, Aug. 5 /PRNewswire-FirstCall/ -- Multi-Color Corporation
(Nasdaq: LABL) announced today that its Board of Directors declared the
Company's quarterly cash dividend for the second quarter of fiscal year 2009.
The dividend is a payment of five cents per common share, payable September 1,
2008, to shareholders of record at the close of business on August 15, 2008.
Safe Harbor Statement
The Company believes certain statements contained in this report that are
not historical facts constitute forward-looking statements within the meaning
of
the Private Securities Litigation Reform Act of 1995, and are intended to be
covered by the safe harbors created by that Act. Reliance should not be placed
on forward-looking statements because they involve known and unknown risks,
uncertainties and other factors which may cause actual results, performance or
achievements to differ materially from those expressed or implied. Any
forward-looking statement speaks only as of the date made. The Company
undertakes no obligation to update any forward-looking statements to reflect
events or circumstances after the date on which they are made.
Statements concerning expected financial performance, on-going business
strategies, and possible future actions which the Company intends to pursue in
order to achieve strategic objectives constitute forward-looking information.
Implementation of these strategies and the achievement of such financial
performance are each subject to numerous conditions, uncertainties and risk
factors. Factors which could cause actual performance by the Company to differ
materially from these forward-looking statements include, without limitation,
factors discussed in conjunction with a forward-looking statement; changes in
general economic and business conditions; the ability to consummate and
successfully integrate acquisitions; ability to manage foreign operations; the
success and financial condition of the Company's significant customers;
competition; acceptance of new product offerings; changes in business strategy
or plans; quality of management; the Company's ability to maintain an
effective
system of internal control; availability, terms and development of capital;
cost
and price changes; availability of raw materials; business abilities and
judgment of personnel; changes in, or the failure to comply with, government
regulations, legal proceedings and developments; risk associated with
significant leverage; increases in general interest rate levels affecting the
Company's interest costs; and terrorism and political unrest. The Company
undertakes no obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise.
About Multi-Color (http://www.multicolorcorp.com)
Sharonville, Ohio based Multi-Color Corporation provides leadership in
Global Label Solutions through its two business units: North American Business
Unit and International Business Unit. Established in 1916, Multi-Color has
grown to support the world's most prominent brands including leading producers
of Health & Beauty, Food & Beverage, Personal Care, Automotive and Household
Brands. Multi-Color acquired Collotype Labels on February 29, 2008.
Collotype
was established in 1903 in Adelaide, South Australia and has grown to become
the
world's largest and most awarded pressure sensitive Wine & Spirits label
printer. Multi-Color is now the world's largest producer of in-mold labels
and
one of the largest producers of pressure sensitive and heat transfer labels
and
a major manufacturer of high-quality wet glue labels and shrink sleeves.
Multi-Color has 14 manufacturing locations worldwide; 8 in the U.S., 5 in
Australia and 1 in South Africa.
SOURCE Multi-Color Corporation

Dawn H. Bertsche of Multi-Color Corporation, Senior Vice President - Finance
and Chief Financial Officer, +1-513-345-1108