Uponor Oyj — Major Shareholding Notification 2014

Jan 2, 2014

CORRECTED: Nordea Investment Fund Company ownership exceeds 5% - a notification under Chapter 9, Section 10 of the Securities Market Act

CORRECTED: Nordea Investment Fund Company ownership exceeds 5% - a notification under Chapter 9, Section 10 of the Securities Market Act

Uponor Corporation Stock Exchange release 2 January 2014
16.25 EET

CORRECTED: Nordea Investment Fund Company ownership exceeds 5% - a notification
under Chapter 9, Section 10 of the Securities Market Act

The stock exchange release announced today at 13.30 EET used an old name of the
investment fund company and the reason for the increase in ownership was
mentioned to be share purchase rather than a merger of investment fund
companies, which is the right reason. The corrected release in full is included
below:

Nordea Funds Oy's ownership exceeds 5% - a notification under Chapter 9,
Section 10 of the Securities Market Act

Uponor Corporation has today received a notification referred to in Chapter 9,
Section 5 of the Securities Market Act from Nordea Funds Oy, a Finnish
subsidiary with a business id 1737785-9, stating that the company's ownership
and share of votes in Uponor Corporation (ISIN code FI0009002158) has reached 5
per cent.

As a result of a merger of investment fund companies, the total holding and
voting power of Nordea Funds Oy grew from 3,653,115 shares to 3,713,100 shares,
representing an ownership of 5.072%, on 2 January 2014. Uponor Corporation's
total number of shares amounts to 73,206,944 shares.

Uponor Corporation

Tarmo Anttila
Vice President, Communications

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. On 1 July 2013, Uponor and KWH Group merged their infrastructure
businesses into a jointly owned company, Uponor Infra, which is a leading
supplier of infrastructure pipe systems in Northern Europe, with wide
operations internationally. In 2012, the Uponor Group employed approx. 3,000
persons in 30 countries and its net sales exceeded €810 million. Uponor
Corporation is listed on NASDAQ OMX Helsinki in Finland. http://www.uponor.com.