Owens Corning Sharpens Focus On Growing Business Areas With Organization Realignment

TOLEDO, OHIO (Friday, September 16, 2005) - Owens Corning President
and Chief Executive Officer Dave Brown today announced changes within the
company that will align talented leadership with key opportunities important
to the company's sustained growth.

New Cultured Stone President Reports to CEO
Chuck Stein has been named President of our Cultured Stone business,
reporting to Brown. Stein was formerly Vice President and General Manager of
Owens Corning Construction Services (OCCS). Cultured Stone was previously
part of the Exterior Systems Business (ESB).
"We are very excited about the growth potential for Cultured Stone. The
decision to elevate the business will allow for greater focus and speed to
take the business to the next level. Chuck's background leading high-growth
businesses and prior experience in the brick industry makes him an ideal
person for this position," said Brown.
Ron Ranallo, Vice President and Controller for OCCS, will be the acting
Vice President and General Manager of OCCS until a successor is named and will
report to Brown.

Roofing and Asphalt Business
Under this realignment, the Exterior Systems Business will now be named
Roofing and Asphalt. Sheree Bargabos, previously president of ESB will serve
as President of Roofing and Asphalt, reporting to Brown.
"Focusing this business on roofing and asphalt will allow us to better
meet the needs of these exciting and demanding markets and accelerate our
results," Brown explained. "Naming this business Roofing and Asphalt more
clearly communicates the focus and product offerings."

New Siding Solutions Business President
Brian Chambers has been appointed President of the Siding Solutions
Business (SSB), reporting to Brown. Chambers was formerly the Vice President
and General Manager of Residential Roofing. Chambers will focus on the
development of new and innovative products in the exterior cladding category
while driving out waste and effectively managing raw material costs.
"Brian's successful track record in various roles makes him the right
choice to lead this important business area," said Brown. SSB consists of
vinyl siding manufacturing as well as Norandex Reynolds distribution.
Chambers replaces Dan Dietzel, who has decided to leave the company. "Our
special thanks go out to Dan for his contributions and all he has done for our
company," said Brown.

Glass Mat and Wet Chop Joins Composite Solutions Business
Effective immediately, the ESB wet-formed mat and wet chop businesses will
move to the Composite Solutions Business (CSB). "We believe the consolidation
of all glass mat, veil and wet chop within CSB allows us to gain synergies in
the marketplace and drive out waste within our organization," added Brown.

Owens Corning is a world leader in building materials systems and
composites systems. Additional information is available on Owens Corning's Web
site at http://www.owenscorning.com or by calling the company's toll-free general
information line: 1-800-GET PINK.

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COMPANY INFORMATION

Owens Corning Basement Finishing System
One Owens Corning Pkwy.
Toledo, OH

Phone: (419)248-6843
Fax: (419)325-1192

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