Uponor's Finnish subsidiary Uponor Suomi Oy now has no need for the additional layoffs for which the company had prepared in connection with the co-operation negotiations launched in the spring. In those negotiations between the management and personnel, it was decided that the entire personnel would be laid off for two weeks, mainly during the summer. In addition the company would prepare for additional layoffs, to be decided in September, so that the total layoff would not exceed two months. A status review has now indicated that there is no need for such additional layoffs. According to Ville Ruohio, Managing Director of Uponor Suomi Oy, it now seems that the agreed two-week layoffs and other implemented savings will enable the company to achieve its full-year business goals. The company reports no changes in the market environment or outlook. Uponor Suomi Oy, an Uponor Group company, employs approximately 375 people in Finland, mainly in Nastola, Forssa and Espoo. Uponor Corporation Tarmo Anttila Vice President, Communications Tel. +358 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 tap water systems. The Group employs ca 3,500 persons in 27 countries. In 2008, Uponor's net sales totalled 950 million euros. Uponor Corporation is listed on the NASDAQ OMX Helsinki Ltd., Finland. http://www.uponor.com