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 DISTRIBUTION OMX Nordic Exchange - Helsinki Media www.uponor.com