Taylor, Mich., (June 23, 2010) - Masco Corporation (NYSE: MAS)
today confirmed that in 2004, as a result of its legal and ethical
compliance program, it had discovered and stopped certain subsidiaries
from participating in anticompetitive business practices in the bathroom
faucet and shower enclosure industries in certain countries in Europe.
Immediate steps were taken to report the infringement to the
appropriate authorities and Masco and its subsidiaries cooperated fully
throughout the investigation. As a result of its reporting of the
infringement and cooperation throughout the investigation, Masco and its
subsidiaries were given complete immunity from the European Commission
following the investigation of the anticompetitive practices.
A strict zero tolerance policy is in place throughout Masco for any anticompetitive behavior.
Headquartered in Taylor, Michigan, Masco Corporation is one of the
world's leading manufacturers of home improvement and building products,
as well as a leading provider of services that include the installation
of insulation and other building products.
Masco Corporation's press releases and other information are available
through the Company's toll free number, 1-888-MAS-NEWS, or under the
Investor Relations section of Masco's Web site at www.masco.com.
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Investor / Media Contact
Maria Duey
Vice President - Investor Relations
313.792.5500
maria_duey@mascohq.com