Changing the format of a date from a database

Hello All
I have a lable that displays a date that comes from a database. Its stored in the database like this
06/03/2011 00:00:00
And I am hoping to display the date in the label like this
6th March 2011
I'm populating the label like this
lblDailyDate.Text = TodaysDaily.DailyDate.ToString();
Any ideas?
Cheers
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