Company Ranks Among Industry Leaders in Corporate Reputation TOLEDO, Ohio, April 3 /PRNewswire-FirstCall/ -- Owens Corning (NYSE:OC) recently ranked fourth in the Building Materials, Glass Industry of FORTUNE's 2007 list of "America's Most Admired Companies." "We are proud to have been recognized as one of FORTUNE's most admired companies," said Dave Brown, president and chief executive officer. "It's because of the hard work and dedication of Owens Corning employees that our company was able to achieve this honor. We will continue to work to build the company's reputation among its peers by delivering new innovations that drive financial performance that enhance shareholder value." The Most Admired list is the definitive report card on corporate reputations. FORTUNE's survey partners at Hay Group started with the FORTUNE 1,000 -- the 1,000 largest U.S. companies ranked by revenue -- and the top foreign ones operating in the U.S. Hay sorted them by industry and selected the ten largest in each. To create the 63 industry lists, Hay asked executives, directors, and analysts to rate companies in their own industry on eight criteria: quality of management; quality of products and services; innovation; long-term investment value; financial soundness; ability to attract, develop and keep talented people; social responsibility and use of corporate assets. Owens Corning (NYSE:OC) is a world leader in building materials systems and composite solutions. A Fortune 500 company for more than 50 years, Owens Corning people redefine what is possible each day to deliver high-quality products and services ranging from insulation, roofing, siding and manufactured stone veneer, to glass composite materials used in transportation, electronics, telecommunications and other high-performance applications. Founded in 1938, Owens Corning is a market-leading innovator of glass fiber technology with sales of $6.5 billion in 2006 and 19,000 employees in 26 countries. Additional information is available at http://www.owenscorning.com/. DATASOURCE: Owens Corning CONTACT: Media, Jason Saragian of Owens Corning, +1-419-248-8987 Web site: http://www.owenscorning.com/ Company News On-Call: http://www.prnewswire.com/comp/677350.html

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