Uponor Corporation Investor news 8 December 2008 Uponor bought back 160,000 of its own shares Uponor Corporation has, in alignment with the share repurchase programme announced on 6 November 2008, bought back a total of 160,000 of its own shares, with a combined value of ca EUR 1.2 million at the time of purchase. The buybacks took place from 17 November till 5 December. The average price of the shares bought back was EUR 7.28. Uponor did not hold any treasure shares prior to these buybacks. In November, Uponor announced that the company's Board of Directors had decided to initiate a share buyback of a maximum of 200,000 of the company's own shares, based on the authorisation given by the Annual General Meeting held on 13 March 2008. The justification for the buy-back was the use of the shares as consideration in connection with the company's share-based incentive programmes. 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