-Company Moves to Second Among Industry Peers- TOLEDO, Ohio, March 8 /PRNewswire-FirstCall/ -- Owens Corning (NYSE:OC) advanced from third to second position among its industry peers in the Building Materials - Glass category of FORTUNE's 2009 "America's Most Admired Companies" list. This is the seventh consecutive year Owens Corning has appeared on the list, and the second year in a row Owens Corning has ranked first in innovation. The "Most Admired" list is considered the definitive report card on corporate reputations. The Hay Group, FORTUNE's survey partners, asked numerous executives, directors and analysts from around the world to rate companies in their own industry on the following 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; use of corporate assets and global competitiveness. 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 $6 billion in 2008 and 17,000 employees in 26 countries on five continents. Additional information is available at http://www.owenscorning.com/. DATASOURCE: Owens Corning CONTACT: Investor & Media Relations, Scott Deitz, +1-419-248-8935, or Eileen Boyce, +1-312-222-9126, both for Owens Corning Web Site: http://www.owenscorning.com/

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