OC Owens Corning Inc

Replaces Existing Form S-3 Registration Statement for the Same Purpose TOLEDO, Ohio, Feb. 29 /PRNewswire-FirstCall/ -- Owens Corning (NYSE:OC) today announced that it has filed a shelf registration statement on Form S-3 with the U.S. Securities and Exchange Commission, providing for the secondary sale, from time to time, of currently issued and outstanding shares of the company's common stock. The new registration statement, which takes advantage of the company's status as a Well Known Seasoned Issuer (WKSI), replaces an existing Form S-3 registration statement for the same purpose. Under the shelf process, one or more of the selling stockholders to be named in a prospectus supplement may offer and sell, from time to time, shares of the company's common stock. All shares covered by the shelf registration statement are currently issued and outstanding. Owens Corning would not receive any proceeds from any offering covered by the shelf registration statement. 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 53 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 19,000 employees in 26 countries on five continents. Additional information is available at http://www.owenscorning.com/. DATASOURCE: Owens Corning CONTACT: Jason Saragian, +1-419-248-8987, or Investor Inquiries, Scott Deitz, +1-419-248-8935, both of Owens Corning Web site: http://www.owenscorning.com/ Company News On-Call: http://www.prnewswire.com/comp/677350.html

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