2008 Annual Report - Hubbell Wiring Device-Kellems

tomorrow through broad efforts in training, leadership development and career planning.Underpinning these efforts is the fostering of a customer - focused and collaborative culture.In summary, Hubbell had a great year in 2008 with record performance created by anorganizational focus on pricing discipline, cost management and productivity improvementssupported by a strong financial position. The markets we serve are expected to presentsignificant challenges for us in 2009. Our approach to these challenges is straightforward:deploy our trusted brands in essential, diversified end markets; enhance our positioning withacquisitions executed at reasonable valuations; continue to improve productivity with arenewed, daily vigor; and support these activities with the appropriate liquidity and capitalstructure. Thus, we are well positioned to manage through the challenges and poised to takeadvantage of the opportunities we will find in 2009.T. H. PowersChairman, President andChief Executive Officer4