Uponor Corporation Stock exchange release 18 November 2008 17:00 Uponor plans workforce reductions in Germany In accordance with the company-wide cost reduction programme announced on 12 August, Uponor has initiated union negotiations in Germany with the purpose of aligning expenses to the low activity level in the building and construction industry in Europe. Uponor plans to reduce approximately 80 persons from its Ochtrup-based units, 20 of which can be carried out through early retirement, discontinuation of fixed-term contracts and other similar measures. Uponor Corporation Tarmo Anttila Vice President, Communications Tel. +358(0)20 129 2852 DISTRIBUTION NASDAQ OMX Helsinki Media www.uponor.com Uponor is a leading supplier of plumbing and heating systems for the residential and commercial building markets across Europe and North America,and a market leader in municipal infrastructure pipe systems in the Nordic countries. Uponor's key applications include indoor climate and plumbing systems. The Group employs 4,200 persons in 27 countries. In 2007, Uponor's net sales (pro forma) totalled 1,050 million euros, returning an operating profit of 12.9%. Uponor Corporation is listed on the NASDAQ OMX Helsinki Ltd., Finland. http://www.uponor.com