Botnia's pulp mill in Uruguay will start-up when permit procedure is finalised

(UPM, Helsinki, October 1, 2007 at 9.00) – Botnia's pulp mill in Uruguay is technically nearly completed. The start-up process of the mill will commence as soon as the permit procedure is finalised and Uruguayan authorities give their permission.

Originally the start-up was scheduled to take place during the third quarter of 2007. The timing of the start-up will not have material impact on UPM's financial results for 2007. Botnia is UPM's associated company.

For further information please contact:
Mr Pauli Hänninen, Executive Vice President, Technology, tel. +358 204 150 543