SHARONVILLE, Ohio, Aug. 5 /EMWNews/ -- 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.