On my XP system, I do get an ellipsis only when I make the text long enough to completely fill the label and more. If I then add an image, it appears behind the text regardless of the ContentAlignment. I wonder why the behaviour changes in Win7?

Could you deal with it by using 2 separate labels, one for the text and one for the image? If necessary, dock them both into a UserControl, one up one down.

BB