Uponor streamlines manufacturing in Ireland

Uponor Corporation has made a decision to concentrate the manufacture of its    
municipal infrastructure pipe systems for Ireland in conjunction with its       
existing factory in Banbridge, Northern Ireland. The rationalisation of the     
manufacturing network is part of the company's effort to streamline its         
operations and develop its supply chain globally.                               

As a result, Uponor has signed a contract to sell its factory premises in Cork, 
Ireland, to a local building company. The deal is planned to take place in the  
final quarter of 2008. When completed, it will bring Uponor a sales gain of ca  
EUR 18 million before taxes.                                                    

The Cork facility employs close to 60 persons, while the factory in Banbridge   
has a staff of circa 100 employees.                                             

For additional information, please contact:                                     
Jyri Luomakoski, CFO and Deputy CEO, +358 40 515 4498                           

Uponor Corporation                                                              

Tarmo Anttila                                                                   
Vice President, Communications                                                  
Tel. +358(0)20 129 2852                                                         

OMX Nordic Exchange - Helsinki