MFW M&F Worldwide Corp. Common Stock

Clarke American Corp., a subsidiary of M & F Worldwide Corp. (NYSE:MFW), today announced that on Wednesday, May 24, 2006, Clarke American will hold a conference call with members of the investment community to discuss its first quarter 2006 results. The conference call is scheduled for 9:30 a.m. EDT (8:30 a.m. CDT) on May 24, 2006 and will be accessible by dialing 877-209-9923 or 612-338-9288 for International callers or via live webcast at www.clarkeamerican.com. To access the webcast, click on "Company Information" and then "Earnings Call." A copy of the press release will be available under the "Press Releases" section of the Clarke American website at www.clarkeamerican.com. For those unable to listen live, a replay of the call will be available by dialing 800-475-6701 (access code 829028) or 320-365-3844 for International callers (access code 829028) after 12:00 p.m. CDT, Wednesday, May 24th through Wednesday, May 31st. About Clarke American Clarke American Corp. is a leading provider of checks, related products and services, and marketing services. Clarke American Corp. serves financial institutions through the Clarke American and Alcott Routon brands and serves consumers and businesses directly through the Checks In The Mail and B2Direct brands. Clarke American Corp. is a wholly owned subsidiary of M & F Worldwide Corp., a holding company that, in addition to Clarke American, wholly owns Mafco Worldwide Corporation, which is the world's largest producer of licorice extracts and related products.