CONTENTS

Letter to Shareholders     2
  Bob and Alan team up in their letter to shareholders to discuss our
  progress in 2007, strategies for growth and business outlook.

Discussion with Management Committee     5
  Join our executives as they sit down to address some of the most
  commonly asked questions from investors.

A Journey with Bob Lawless     14
  We recall Bob’s many contributions during his 30-year career and time as
  CEO of McCormick.

Management’s Discussion and Analysis     15
  This section begins with a company description and includes information
  about business segments, 2007 financial results and much more.

Directors and Officers     34
  A profile of our Board of Directors and list of executive officers are
  presented along with our governance statement.

Financial Information     36
  The 2007 financial statements, accompanying notes and reports of both
  management and the auditors are in this section.

Investor Information     61
  Investors can find company contact and related information.