PRESS RELEASE

FOR IMMEDIATE RELEASE:
                                
Contact:
PANDUIT Europe Ltd
cs-emea@panduit.com
www.panduit.com/fr21

PANDUITto Build New 'Intelligent' Global Headquarters State of the art building to showcase latest network infrastructure technology

London, UK (14th November, 2007) - PANDUIT™, a global supplier of network and cabling infrastructure, today announced that it has contracted, contingent on completion of due diligence and resolution of local incentives, to purchase a site in Tinley Park, IL, for its new corporate headquarters. The facility will be constructed on an intelligent building design and will showcase the PANDUIT™ Connected Building Solution, which enables the convergence of a building's facility systems onto a single network for improved control, communication, and management.

John Caveney, CEO, commented, "The benefit to our employees will be an improved work experience including 'smart' lighting, occupancy based temperature management, and improved access control."

As part of the commitment PANDUIT™ has to the environment and sustainability, the company intends to achieve Leadership in Energy and Environmental Design (LEED) Gold certification with the new building. The LEED Gold standard will be an independent guarantee that PANDUIT™ will reduce construction pollution and deliver significant energy savings.

PANDUIT™ has secured the services of leading building services and construction firms, including Gensler, Affiliated Engineers, Inc. and Power Construction, to ensure the new corporate headquarters incorporates state of the art design and building technologies to enhance the aesthetic appeal of the facility and increase organisational effectiveness.

The new PANDUIT™ headquarter location is approximately six kilometres (four miles) from its existing headquarters on Ridgeland Avenue in Tinley Park. The planned development includes a 23,000 square metre (250,000 square foot) facility, in a 21 hectare (52 acre) campus environment. Foundation laying of the new corporate headquarters is targeted to begin in Spring 2008 and occupancy of the building in the Summer 2009.


For further information and photography, please contact:
James Farquharson/Emily Monsell
Goode International Ltd   
Tel: +44 (0) 1491 873323                                                
E-mail: james.farquharson@goode.co.uk  

Sylvia Sielicka
Panduit Europe Ltd
Tel: +44 (0) 208 601 7341
E-mail: cs-emea@panduit.com