Owens Corning Named Supplier of the Year by Lowe's

Owens Corning Named Supplier of the Year by Lowe'sCompany also Named Building Products Supplier of the Year

TOLEDO, Ohio, Dec. 2 /PRNewswire-FirstCall/ -- Owens Corning (NYSE: OC), a world leader in building materials and glass fiber reinforcements, announced today that it was recently named both the 2008 Overall Supplier of the Year and Building Products Supplier of the Year by Lowe's.

"What a tremendous honor for Owens Corning to win these prestigious distinctions from Lowe's from among thousands of its world-class suppliers," said Karel Czanderna, group president of Building Materials. "Our job is to focus on customers, quality and innovation, and we try to do that by seeing the world through the eyes of our customers to understand their needs. We will continue to work with customers like Lowe's to help them win in the marketplace."

The awards are based on three categories of vendor performance: financial impact, product, and service and support.

Lowe's names one Supplier of the Year for each of its five main business areas: building products, outdoor living, kitchen and bath, hard lines, and home decor. From this group, Lowe's selects one Overall Supplier of the Year.

Owens Corning was selected the Overall Supplier of the Year for the first time, and was named the Building Products Supplier of the Year for the third time.

About Owens Corning

Owens Corning (NYSE: OC) is a leading global producer of residential and commercial building materials, glass fiber reinforcements and engineered materials for composite systems. A Fortune 500 company for 54 consecutive years, Owens Corning is committed to driving sustainability through delivering solutions, transforming markets and enhancing lives. Founded in 1938, Owens Corning is a market-leading innovator of glass fiber technology with sales of $5 billion in 2007 and 18,000 employees in 26 countries on five continents. Additional information is available at http://www.owenscorning.com .

About Lowe's

With fiscal year 2007 sales of $48.3 billion, Lowe's Companies, Inc. is a FORTUNE(R) 50 company that serves approximately 14 million customers a week at more than 1,575 home improvement stores in the United States and Canada. Founded in 1946 and based in Mooresville, N.C., Lowe's is the second-largest home improvement retailer in the world. For more information, visit http://www.lowes.com .

SOURCE Owens Corning