McCormick to Amend Policy Regarding Corporate Aircraft Travel

SPARKS, Md.--(BUSINESS WIRE)--Mar. 10, 2009-- On April 1, 2009, McCormick & Company, Incorporated (NYSE:MKC) will amend its policy regarding the personal use of corporate aircraft to provide that the Company will no longer provide its executive officers with a gross-up to cover the individual income tax incurred when the corporate aircraft is used for personal purposes (to include spousal travel on business trips). Previously, the policy provided that executive officers would receive a gross-up for the tax associated with the value of the personal usage, including the value of spousal travel if it was requested by McCormick.

About McCormick

McCormick & Company, Incorporated is a global leader in the manufacture, marketing and distribution of spices, seasonings, specialty foods and flavors to the entire food industry – retail outlets, food manufacturers and food service businesses.

Source: McCormick & Company, Incorporated

McCormick & Company, Incorporated
Corporate Communications:
John McCormick, 410-771-7110
john_mccormick@mccormick.com
or
Investor Relations:
Joyce Brooks, 410-771-7244
joyce_brooks@mccormick.com