Packaging

York Label Begins Partnership With Diamond Castle

Monday 11. August 2008 - LabelCorp Holdings, Inc. ("YORK Label"), a leading provider of high quality, innovative labeling and packaging solutions, announced today that the Company has formalized its partnership with Diamond Castle Holdings, LLC ("Diamond Castle") of New York. The sale transaction closed today.

In June of this year, Diamond Castle, in partnership with YORK Label’s Senior Management Team, signed a definitive purchase agreement with Wind Point Partners of Chicago, Illinois. YORK Label’s Senior Management Team will remain in place and maintain a significant ownership stake in the Company.

YORK Label has steadily become a leading force in the prime label market throughout North and South America. The Company is a leading provider of high quality, innovative labeling and packaging solutions to global consumer products, wine and spirits, pharmaceutical, and food and beverage companies. Headquartered in Omaha, Nebraska, YORK Label has 14 world-class production facilities and 15 sales and technical offices throughout the Americas.

YORK Label CEO Rich Egan comments, “We are very excited about our new partnership with Diamond Castle. This new partnership will allow YORK Label to continue to grow through investment in new technologies and strategic acquisitions to best serve the needs of our customers and core markets.”

“We are extremely pleased to be partnering with Rich and the entire YORK Label Senior Management Team to continue executing upon the strategic vision of creating the premier, global provider of high quality labeling solutions,” said Ari Benacerraf, a Senior Managing Director of Diamond Castle.