Milacron Completes Exchange Offer for 11 1/2% Senior Secured Notes Due 2011

CINCINNATI, OHIO, November 16, 2004...Milacron Inc. (NYSE: MZ) today announced the successful completion of its offer to exchange its $225 million of 11 1/2% Senior Secured Notes Due 2011, which have been registered under the U.S. Securities Act of 1933, for its outstanding 11 1/2% Senior Secured Notes Due 2011, which were not so registered.  As of the closing of the exchange offer, which occurred at 5:00 p.m. New York City Time on November 15, 2004, 100% of the old notes had been exchanged for the new registered notes.

First incorporated in 1884, Milacron is a leading global supplier of plastics-processing technologies and industrial fluids, with 3,500 employees and major manufacturing facilities in North America, Europe and Asia. For further information, visit www.milacron.com or call the toll-free investor line: 800-909-MILA (800-909-6452).