Uponor - Company Announcement

The joint venture plan with Uponor and KWH Group will go to the Market Court

Uponor Corporation             Stock exchange release               28 February
2013 13.00 EET 


The joint venture plan with Uponor and KWH Group will go to the Market Court

Uponor Corporation and KWH Group have agreed on submitting a reply to the
Finnish Market Court and continue their plan to establish a joint venture
company combining both companies' infrastructure businesses. The plan,
announced in September 2012, has subsequently been analysed by the Finnish
Competition and Consumer Authority. On 25 February 2013 they proposed to the
Market Court that the joint venture plan should not be approved. 

The Market Court will process the Competition Authority's proposal within a
period of three months, as defined by law, ending on 25 May 2013. 



Uponor Corporation


Tarmo Anttila
Vice President, Communications
Tel. +358 20 129 2852



DISTRIBUTION:
NASDAQ OMX - Helsinki
Media
www.uponor.com




Uponor is a leading international provider of plumbing and indoor climate
solutions for residential and commercial building markets across Europe and
North America. In Northern Europe, Uponor is also a prominent supplier of
infrastructure pipe systems. The Group employs approx. 3,000 persons, in 30
countries. In 2012, Uponor's net sales exceeded €810 million. Uponor
Corporation is listed on NASDAQ OMX Helsinki in Finland. http://www.uponor.com.