Milacron Shareholders Approve Changes to Series B Preferred Stock Terms

CINCINNATI, OHIO, November 28, 2007...At a special meeting yesterday, shareholders of Milacron Inc. (NYSE: MZ) approved two proposals to modify the terms governing its 6% Series B Preferred convertible stock. The first proposal limits the circumstances in which Series B holders could demand a cash redemption following a “change of control” of the company. The second proposal accords “Initial Investor” status to Ohio Plastics, LLC, a wholly owned affiliate of Bayside Capital, Inc., the recent acquirer of 57.5% of Milacron’s Series B stock.

Details of the proposals can be found in the definitive proxy statement filed by the company on October 26, 2007. Final tabulations of the votes, once certified, will be posted on the company’s website.

First incorporated in 1884, Milacron is a leading global supplier of plastics-processing technologies and industrial fluids, with 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).