drawInRect:withAttributes:

- (void)drawRect:(CGRect)frame

{

    NSMutableParagraphStyle *textStyle = [[NSMutableParagraphStyle defaultParagraphStyle] mutableCopy];

    textStyle.lineBreakMode = NSLineBreakByWordWrapping;

    textStyle.alignment = NSTextAlignmentCenter;

    UIFont *textFont = [UIFont systemFontOfSize:16];



    NSString *text = @"Lorem ipsum";



    // iOS 7 way

    [text drawInRect:frame withAttributes:@{NSFontAttributeName:textFont, NSParagraphStyleAttributeName:textStyle}];



    // pre iOS 7 way

    CGFloat margin = 16;

    CGRect bottomFrame = CGRectMake(0, margin, frame.size.width, frame.size.height - margin);

    [text drawInRect:bottomFrame withFont:textFont lineBreakMode:NSLineBreakByWordWrapping alignment:NSTextAlignmentCenter];

}