Abstract: A computer disk label includes an outer panel including a base portion for being connected to the disk jacket, a flapper portion connected to the base portion so that the flapper portion is movable between a closed position adjacent the jacket and an open position extending outwardly from the base portion, and a pocket defining portion connected to the base portion for defining a pocket in cooperation with an adjacent portion of the disk jacket. In addition, the disk label preferably includes a flapper panel connected to the flapper portion and being movable therewith between the closed and open positions. The flapper panel preferably has a tip extending outwardly beyond an edge of the flapper portion of the outer panel so that the tip of the flapper panel may be received within the pocket when in the closed position. The label may include an intermediate panel positioned between the base portion of the outer jacket panel and the jacket and between the flapper portion of the outer panel and the flapper panel.