8-K

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D. C. 20549

Form 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

DATE OF REPORT: November 19, 2007
(Date of earliest event reported)

Commission file number 000-04065

Lancaster Colony Corporation

(Exact name of registrant as specified in its charter)

Ohio (State or other jurisdiction of incorporation or organization)	13-1955943 (I.R.S. Employer Identification No.)
37 West Broad Street Columbus, Ohio (Address of principal executive offices)	43215 (Zip Code)

614-224-7141
(Registrant’s telephone number, including area code)

     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Matters

     On November 19, 2007, Lancaster Colony Corporation (the “Company”) sold most of the operating assets of its consumer and floral glass operations. This transaction results from the Company’s ongoing exploration of strategic alternatives among its nonfood operations. The Company anticipates a pretax loss on the transaction of approximately $5 — $7 million, pending customary post-closing adjustments.

     A copy of a press release issued by the Company announcing this event is attached as Exhibit 99.1.

     Also on November 19, 2007, the Company’s Board of Directors (“Board”) approved an increased quarterly dividend of 28 cents per share to be paid on December 28, 2007 to shareholders of record on December 10, 2007. The Board also named James B. Bachmann lead independent director. Mr. Bachmann has been a director since 2003.

     Shareholders voting at the Lancaster Colony Corporation Annual Meeting of Shareholders reelected three incumbent directors.

     A copy of a press release issued by the Company announcing these events is attached as Exhibit 99.2.

Item 9.01 Financial Statements and Exhibits

     (c) Exhibits:

          99.1      Press Release dated November 19, 2007, filed herewith.

          99.2      Press Release dated November 19, 2007, filed herewith.

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Lancaster Colony Corporation
	(Registrant)
Date: November 20, 2007	By:	/s/John L. Boylan
		John L. Boylan Treasurer, Vice President, Assistant Secretary and Chief Financial Officer and Director (Principal Financial and Accounting Officer)

INDEX TO EXHIBITS

Exhibit
Number	Description	Located at
99.1	Press Release dated November 19, 2007	Filed herewith
99.2	Press Release dated November 19, 2007	Filed herewith

EX-99.1

Exhibit 99.1

FOR IMMEDIATE RELEASE	SYMBOL: LANC
Monday, November 19, 2007	TRADED: Nasdaq

LANCASTER COLONY SELLS CONSUMER AND FLORAL GLASS OPERATIONS

     COLUMBUS, Ohio, Nov. 19 — Lancaster Colony Corporation (Nasdaq: LANC) announced today that, as part of its strategic alternative review of nonfood operations, it has sold most of the consumer and floral glass operating assets of its Indiana Glass Company and E.O. Brody Company subsidiaries. The buyer is an affiliate of The Anchor Hocking Company, a portfolio company of Monomoy Capital Partners, L.P. and a leading North American designer, manufacturer and distributor of glassware to the retail, foodservice and specialty markets. Products associated with these operations generated net sales of approximately $53 million during the fiscal year ended June 30, 2007, and these sales were modestly accretive to the fiscal 2007 operating results.

     John B. Gerlach, Jr., chairman and CEO of Lancaster Colony, said, “Similar to a number of fiscal 2007 divestitures, this sale is consistent with our objective to concentrate our future effort and investment in the food sector.”

     This cash transaction is expected to result in a pretax loss of approximately $5 — $7 million, pending customary post-closing adjustments.

     We desire to take advantage of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 (the “PSLRA”). This news release contains various “forward—looking statements” within the meaning of the PSLRA and other applicable securities laws. Such statements can be identified by the use of the forward-looking words “anticipate,” “estimate,” “project,” “believe,” “intend,” “plan,” “expect,” “hope” or similar words. These statements discuss future expectations, contain projections regarding future developments, operations or financial conditions, or state other forward-looking information. Such statements are based upon assumptions and assessments made by us in light of our experience and perception of historical trends, current conditions, expected future developments and other factors we believe to be appropriate. These forward-looking statements involve various important risks, uncertainties and other factors that could cause our actual results to differ materially from those expressed in the forward-looking statements. Actual results may differ as a result of factors over which we have no, or limited, control including the strength of the economy, changes in the financial markets, slower than anticipated sales growth, the extent of operational efficiencies achieved, the success of new product introductions, price and product competition, and increases in energy and raw-material costs. Management believes these forward-looking statements to be reasonable; however, undue reliance should not be placed on such statements that are based on current expectations. We undertake no obligation to update such forward-looking statements. Specific influences relating to forward-looking statements in this news release are numerous, including the uncertainty regarding the extent of post-closing adjustments and the performance of the buyer under the related supply agreements. More detailed statements regarding significant events that could affect our financial results are included in our annual report on Form 10-K as filed with the Securities and Exchange Commission.

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FOR FURTHER INFORMATION: Investor Relations Consultants, Inc.
Phone: 727/781-5577 or E-mail: lanc@mindspring.com

EX-99.2

Exhibit 99.2

FOR IMMEDIATE RELEASE	SYMBOL: LANC
Monday, November 19, 2007	TRADED: Nasdaq

LANCASTER COLONY INCREASES CASH DIVIDEND; REELECTS THREE DIRECTORS;
NAMES BACHMANN LEAD INDEPENDENT DIRECTOR

     COLUMBUS, Ohio, Nov. 19 — Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors has increased the quarterly cash dividend marking 45 years of increasing cash dividends each year. Lancaster Colony is one of only 21 U.S. companies to have increased cash dividends each year for 45 years. The board declared a cash dividend of 28 cents per share on the company’s common stock, payable December 28, 2007 to shareholders of record on December 10, 2007. As of the record date for today’s annual shareholder meeting, there were 30,200,812 common shares outstanding.

     Shareholders voting at the annual meeting reelected three incumbent directors. They are John L. Boylan, 52, chief financial officer, vice president and treasurer of the company; Henry M. O’Neill, Jr., 72, chairman and chief executive officer of IRTH Solutions, Inc., a voice response systems company; and Zuheir Sofia, 63, chairman of Sofia & Company, Inc., a financial advisory firm.

     The board also named James B. Bachmann, 64, lead independent director. He has been a director of Lancaster Colony since 2003, and is also a director of Abercrombie & Fitch Co.

     John B. Gerlach, Jr., chairman and chief executive officer of Lancaster Colony, said, “The dividend reflects the company’s continued strong financial position and will be the 178^th consecutive quarterly cash dividend paid by the company since September 1963.” He noted that the indicated annual payout for the current fiscal year ending June 30, 2008 is $1.11, an increase of four percent over the $1.07 paid in fiscal 2007.

     We desire to take advantage of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 (the “PSLRA”). This news release contains various “forward—looking statements” within the meaning of the PSLRA and other applicable securities laws. Such statements can be identified by the use of the forward-looking words “anticipate,” “estimate,” “project,” “believe,” “intend,” “plan,” “expect,” “hope” or similar words. These statements discuss future expectations, contain projections regarding future developments, operations or financial conditions, or state other forward-looking information. Such statements are based upon assumptions and assessments made by us in light of our experience and perception of historical trends, current conditions, expected future developments and other factors we believe to be appropriate. These forward-looking statements involve various important risks, uncertainties and other factors that could cause our actual results to differ materially from those expressed in the forward-looking statements. Actual results may differ as a result of factors over which we have no, or limited, control including the strength of the economy, changes in the financial markets, slower than anticipated sales growth, the extent of operational efficiencies achieved, the success of new product introductions, price and product competition, and increases in energy and raw-material costs. Management believes these forward-looking statements to be reasonable; however, undue reliance should not be placed on such statements that are based on current expectations. We undertake no obligation to update such forward-looking statements. Specific influences relating to forward-looking statements are numerous, including the uncertainty regarding the effect or outcome of our decision to explore strategic alternatives among our nonfood operations. More detailed statements regarding significant events that could affect our financial results are included in our annual report on Form 10-K as filed with the Securities and Exchange Commission.

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FOR FURTHER INFORMATION: John B. Gerlach, Jr., Chairman and CEO
Lancaster Colony Corporation
Phone: 614/224-7141
- -or-
Investor Relations Consultants, Inc.
Phone: 727/781-5577 or E-mail: lanc@mindspring.com