Capital Group International, Inc.'s ownership in UPM has decreased

According to Finnish Securities Market Act, Chapter 2, Section 9, UPM reports that on December 31, 2004, Capital Group International, Inc., through four investment management companies, Capital Guardian Trust Company, Capital International Limited (CIL), Capital International S.A. (CISA) and Capital International Research Management, Inc. dba Capital International Inc., managed 33,049,100 UPM shares, which amounts to 6.30 percent of UPM-Kymmene Corporation's paid up share capital. Of this share amount, Capital Group International, Inc. owned voting power in 24,386,420 shares, which is 4.65 percent of the voting rights.

UPM
Corporate Communications
February 15, 2005