Today, Uponor Corporation's Board of Directors decided to launch a long-term incentive scheme for the members of the company's Executive Committee. To be eligible to participate in the scheme, an Executive Committee member must acquire a specific number of Uponor shares, as defined under the scheme, by the end of August 2008. Depending on the cumulative operating profit of Uponor during 2007-2011, and the number of shares acquired within the scheme, each Executive Committee member is eligible for being awarded Uponor shares in the spring of 2012. Mr Pekka Paasikivi, Chairman of the Uponor Board of Directors, comments that the new scheme represents the optimal alignment of the shareholders' and management's long-term interests. The scheme's target-setting is based on the company's strategic plan, which also formed the basis for the long-term financial targets approved by the Board in November 2006. Further information: Mr Pekka Paasikivi, Chairman of the Board, tel. +358-50-5010666 Tarmo Anttila Vice President, Communications Tel. +358 20 129 2852 DISTRIBUTION: Helsinki Stock Exchange Media www.uponor.com