Changes in UPM's Wood Products Division management

(UPM, Helsinki, March 13, 2007) – Matti Lindahl has been appointed President of UPM's Wood Products Division. He has previously held several executive positions within UPM's paper and converting divisions. Matti Lindahl is member of UPM's Executive Team and he reports to the President and CEO Jussi Pesonen.

Harald Finne, President of Wood Products Division since 2004, will leave the company due to differing views on the strategic development of the division.

In this connection the Wood Products Division will be divided into two separate business areas. Arto Juvonen has been appointed head of the Plywood business area. He has recently been in charge of UPM's Russian operations and held previously several management positions in the plywood industry.

Tuomo Visanko has been appointed head of the Timber business area. He is currently Senior Vice President, Operations, of the Wood Products Division.

The appointments will have immediate effect. New management teams will be appointed in the coming few weeks.

For more information, please contact:
Mr Matti Lindahl, President, UPM, Wood Products Division, tel. +49 171 6127 688