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Multi-Color Corporation Announces Date of Second Quarter Fiscal Year 2007 Financial Results Conference Call and Webcast

CINCINNATI, Oct 23, 2006 (BUSINESS WIRE) -- Multi-Color Corporation (NASDAQ:LABL) will announce Second Quarter Fiscal Year 2007 financial results on October 25, 2006 at 8:00 a.m. (ET) and hold its quarterly conference call on October 25, 2006 at 11:00 a.m. (ET) to discuss the news release. For access to the conference call, please dial 1-800-591-6945 (code 40981611) by 10:45 a.m. (ET). A replay of the conference call will be available at 1:00 p.m. (ET) on October 25, 2006 until midnight (ET) on November 1, 2006 by calling 1-888-286-8010 (code 12104177). In addition, the call will be broadcast over the Internet and can be accessed from a link on the Company's home page at www.multicolorcorp.com. Listeners should go to the web site prior to the call to register and to download any necessary audio software.

This call is being webcast by CCBN and can be accessed at Multi-Color Corporation's web site at www.multicolorcorp.com.

The webcast is also being distributed over CCBN's Investor Distribution Network to both institutional and individual investors. Individual investors can listen to the call through CCBN's individual investor center at www.earnings.com or by visiting any of the investor sites in CCBN's Individual Investor Network. Institutional investors can access the call via CCBN's password-protected event management site, StreetEvents (www.streetevents.com).

About Multi-Color (http://www.multicolorcorp.com)

Cincinnati, Ohio-based Multi-Color Corporation is a premier global resource of innovative decorating solutions and packaging services to consumer product and food and beverage companies, national retailers and container manufacturers worldwide. Multi-Color is one of the world's largest producers of in-mold labels (IMLs) and heat transfer labels (HTLs), and a major manufacturer of high-quality cut-and-stack and pressure sensitive labels and shrink sleeves. The Company's Packaging Services Division, Quick Pak, is a leading provider of promotional packaging, assembly and fulfillment services. Multi-Color has nine manufacturing locations in the United States. Its products are shipped to more than 650 customers in the United States, Canada, Mexico, and Central and South America.

SOURCE: Multi-Color Corporation
Dawn H. Bertsche, Sr. Vice President-Finance,
Chief Financial Officer, 513-345-1108

Complete Packaging Solutions

Multi-Color is a leading U.S. manufacturer of specialty packaging solutions for major global consumer-product companies for liquid detergents and laundry-care products, household cleaners, juices, and health and beauty aids. It sells its products in the United States, Canada, Mexico, Central and South America.