Announcement under Chapter 2 Section 10 of the Securities Market Act

UPM-Kymmene Corporation Major shareholders announcements 8 April 2011 at 15:45

UPM-Kymmene Corporation (Business ID 1041090-0) has received an announcement
under Chapter 2, Section 9 of the Securities Market Act, according to which
Norges Bank's (The Central Bank of Norway) holding in UPM has fallen below 5%
after a share lending transaction, where Norges Bank is the lender, on 5 April
2011.

According to the announcement, the holding of Norges Bank in UPM is 25,833,968
shares, 4.97% of UPM's shares and voting rights.

UPM-Kymmene Corporation
Pirkko Harrela
Executive Vice President, Corporate Communications

UPM, Corporate Communications
Media Desk, tel. +358 40 588 3284
media@upm.com

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