CLC Clarcor Inc. (delisted)

CLARCOR Inc. (NYSE: CLC) has purchased 1,550,000 shares of its common stock on the open market during the month of April at an average price of $31.83 per share. These purchases were made under the Company's previously-announced share repurchase authorization. Approximately $60 million remains available to effect additional purchases under the current authorization, which expires in June 2007. Norm Johnson, CLARCOR's Chairman and Chief Executive Officer, commented that "The management and Board of Directors of CLARCOR believe that the purchase of the Company's stock at the price levels recently available in the market represented a great investment for our company and our shareholders. We have ample cash flow and borrowing capacity to pursue a variety of strategic initiatives and investments, including acquisitions and additional share repurchases.� CLARCOR is based in Franklin, Tennessee, and is a diversified marketer and manufacturer of mobile, industrial and environmental filtration products and consumer and industrial packaging products sold in domestic and international markets. Common shares of the Company are traded on the New York Stock Exchange under the symbol CLC. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements made in this press release, other than statements of historical fact, are forward-looking statements. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may include, among other things: statements and assumptions relating to the company�s future cash position, future growth, future share repurchase activities, acquisitions, earnings, earnings per share and other financial performance measures, as well as management's short-term and long-term performance; and any other statements or assumptions that are not historical facts. All forward looking statements should be understood in the context of the Company�s publicly available reports filed with the Securities and Exchange Commission, including the most current annual 10-K report and quarterly 10-Q report, which contain a discussion of various factors that may affect the Company�s business or financial results. All forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause the Company's actual results, performance or achievements, or industry results, to differ materially from the Company's expectations of future results, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on any forward-looking statements. These statements speak only as of the date of this press release. Except as otherwise required by applicable laws, the Company undertakes no obligation to publicly update or revise any forward-looking statements in this press release, whether as a result of new information, future events, changed circumstances or any other reason after the date of this press release.