CCL Industries Reports 4Q, Full Year Results

Donald G. Lang, Executive Chairman additionally announced, "After more than 17 years as a Director, with nine of them as Chairman of the Board and three as Lead Director, Jon Grant has announced his plans to retire in May of this year and therefore will not stand for re-election at the Company's Annual General Meeting on May 3, 2012. Jon was Chairman of the Board during a period of substantial change and growth and helped to navigate the Company's transition to the global leadership position it holds today. He has also contributed to the deliberations of the Environmental, Health and Safety, Nominating and Governance and Human Resources committees either as the chairman or as a member over the years. His knowledge of the Company, our industry and the environment in which we operate will be missed and we thank him for his guidance over his many years as a Director."