Libbey Declares Regular Quarterly Cash Dividend

10/16/2007

TOLEDO, Ohio, Oct. 16 /PRNewswire-FirstCall/ -- Libbey Inc. (NYSE: LBY) announced that its Board of Directors declared the company's quarterly cash dividend of $0.025 cents per share. The dividend will be paid on November 13, 2007, to shareholders of record as of October 29, 2007. As of October 12, 2007, Libbey had 14,396,319 shares outstanding.

    Libbey Inc.:
    -- is the largest manufacturer of glass tableware in the western
       hemisphere and one of the largest glass tableware manufacturers in the
       world;
    -- is expanding its international presence with facilities in Mexico, the
       Netherlands, Portugal, and a facility in China that started production
       in 2007;
    -- is the leading manufacturer of tabletop products for the U.S.
       foodservice industry; and
    -- supplies products to foodservice, retail, industrial and
       business-to-business customers in over 100 countries.

Based in Toledo, Ohio, the Company operates glass tableware manufacturing plants in the United States in Louisiana and Ohio, as well as in Mexico, China, Portugal and the Netherlands. Its Crisa subsidiary, located in Monterrey, Mexico, is the leading producer of glass tableware in Mexico and Latin America. Its Royal Leerdam subsidiary, located in Leerdam, Netherlands, is among the world leaders in producing and selling glass stemware to retail, foodservice and industrial clients. Its Crisal subsidiary, located in Portugal, provides an expanded presence in Europe. Its Syracuse China subsidiary designs, manufactures and distributes an extensive line of high-quality ceramic dinnerware, principally for foodservice establishments in the United States. Its World Tableware subsidiary imports and sells a full-line of metal flatware and holloware and an assortment of ceramic dinnerware and other tabletop items principally for foodservice establishments in the United States. Its Traex subsidiary, located in Wisconsin, designs, manufactures and distributes an extensive line of plastic items for the foodservice industry. In 2006, Libbey Inc.'s net sales totaled $689.5 million.

SOURCE  Libbey Inc.
    -0-                             10/16/2007
    /CONTACT:  Kenneth Boerger, VP|Treasurer of Libbey Inc., +1-419-325-2279/
    CO:  Libbey Inc.
ST:  Ohio
IN:  REA HOU
SU:  DIV

EF-AM
-- AQTU211 --
9747 10/16/2007 15:54 EDT http://www.prnewswire.com

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