On March 31, 2009, Multi-Color Corporation (the "Company") announced that the Company's President and Chief Executive Officer, Francis D. Gerace, has provided notice to the Company that he does not intend to renew his Employment Agreement when it expires on March 31, 2011. The Employment Agreement would have renewed automatically unless Mr. Gerace or the Company provided a notice of non-renewal at least 24 months prior to its expiration. A copy of the related Press Release is attached to this Current Report on Form 8-K as Exhibit 99.1 and incorporated by reference.

(d) Exhibits

Exhibit No.     Description
99.1            Press Release dated March 31, 2009, announcing notice of
                non-renewal of Employment Agreement received from President and
                Chief Executive Officer