Masco Corporation Announces Richard Manoogian's Transition to Chairman of the Board of Directors from Executive Chairman

TAYLOR, Mich., June 29  /PRNewswire-FirstCall/ -- Masco Corporation (NYSE: MAS) announced today that Richard Manoogian is retiring from his position as Executive Chairman effective June 30, 2009, but will continue as Chairman of the Company's Board of Directors. In addition to chairing the Board of Directors, Mr. Manoogian will continue to be involved with corporate strategy and other Company business matters as well as external activities and relations, including those with business, government and community leaders.

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 http://www.masco.com/.

Statements contained herein, or otherwise made available, that reflect the Company's views about its future performance may constitute "forward-looking statements" under the Private Securities Litigation Reform Act of 1995.  These views involve risks and uncertainties that are difficult to predict and the Company's results may differ materially from the results discussed in such forward-looking statements.  For further information, refer to our most recent Annual Report on Form 10-K (particularly the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections) and to any subsequent Quarterly Reports on Form 10-Q, all of which are on file with the Securities and Exchange Commission.  The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.  Certain of the financial and statistical data made available are non-GAAP financial measures as defined by the SEC's Regulation G.  The Company believes that such non-GAAP performance measures and ratios used in managing the business may provide users with meaningful comparisons between current results and results in prior periods.  Non-GAAP performance measures and ratios should be viewed in addition to, and not as an alternative for, the Company's reported results under accounting principles generally accepted in the United States.  Additional information about the Company is contained in the Company's filings with the SEC and is available on Masco's Web site. 

DATASOURCE: Masco Corporation



CONTACT:  Maria Duey, Vice President - Investor Relations,

[phone], 



Web Site:  http://www.masco.com/ 

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