Schawk to Buyback Shares Under Previously Announced Stock Repurchase Program

DES PLAINES, IL–(EMWNews – August 20, 2008) – Schawk, Inc. (NYSE: SGK), a leading

provider of brand point management services, enabling companies of all

sizes to connect their brands with consumers to create deeper brand

affinity, announced that, as part of its currently authorized share

repurchase program, it intends to commence open-market share repurchases

under its share repurchase plan on or after August 21. The share

repurchase will be funded using Schawk’s existing cash balance and its

revolving credit facility, which had $78.6 million of additional

availability as of June 30, 2008.

In February, Schawk’s board of directors authorized the repurchase of up to

two million shares of the Company’s common stock. Due to delays earlier

this year in filing public financial reports, the Company has withheld from

repurchasing shares since the initial authorization. As of June 30, 2008,

Schawk had 27.2 million shares outstanding.

The share repurchases may occur from time-to-time through open market

purchases, privately negotiated transactions and/or transactions structured

through investment banking institutions as permitted by securities laws and

other legal requirements. The program allows the Company to repurchase its

shares at its discretion. Market conditions will influence the timing of

the buyback and the number of shares repurchased. The program does not

obligate the Company to repurchase any specific number of shares and may be

suspended or terminated at any time without prior notice. Shares

repurchased will be held as treasury shares.

About Schawk, Inc.

Schawk, Inc, is the leading provider of brand point management services,

enabling companies of all sizes to connect their brands with consumers to

create deeper brand affinity. With a global footprint of more than 60

offices, Schawk helps companies create compelling and consistent brand

experiences by providing integrated strategic, creative and executional

services across brand touchpoints. Founded in 1953, Schawk is trusted by

many of the world’s leading organizations to help them achieve global brand

consistency. For more information about Schawk, visit http://www.schawk.com

Safe Harbor Statement

Certain statements in this press release are forward-looking statements

within the meaning of Section 21E of the Securities Exchange Act of 1934,

as amended and are subject to the safe harbor created thereby. These

statements are made based upon current expectations and beliefs that are

subject to risk and uncertainty. Actual results might differ materially

from those contained in the forward-looking statements because of factors,

such as, among other things, unanticipated difficulties associated with

additional accounting issues, if any, which may cause our investors to lose

confidence in our reported financial information and may have a negative

impact on the trading price of our stock; our ability to remedy known

internal control deficiencies and weaknesses and the discovery of future

control deficiencies or weaknesses, which may require substantial costs and

resources to rectify; higher than expected costs, or unanticipated

difficulties associated with, integrating acquired operations; higher than

expected costs associated with compliance with legal and regulatory

requirements; the strength of the United States economy in general and

specifically market conditions for the consumer products industry; the

level of demand for Schawk’s services; loss of key management and

operational personnel; our ability to implement our growth strategy,

rebranding initiatives and cost reduction plans and to realize anticipated

cost savings; the stability of state, federal and foreign tax laws; our

continued ability to identify and exploit industry trends and exploit

technological advances in the imaging industry; our ability to implement

restructuring plans; the stability of political conditions in Asia and

other foreign countries in which we have production capabilities; terrorist

attacks and the U.S. response to such attacks; as well as other factors

detailed in Schawk, Inc.’s filings with the Securities and Exchange

Commission.