Changes in UPM's ownership - Announcement according to the Finnish Securities Market Act, Chapter 2, Section 9

(UPM, Helsinki, September, 14, 2007 at 18:15) – According to the Finnish Securities Market Act, Chapter 2, Section 9, UPM reports the following:

The Capital Group, Inc. (Taxpayer I.D. 86-0206507) funds' holding of UPM-Kymmene Corporation's voting rights and share capital has fallen below five (5) percent.

The Capital Group Companies Inc. together with the Capital Group International, Inc. and its subsidiaries report their holdings in UPM-Kymmene Corporation jointly. Based on an exemption granted by the Finnish Financial Supervision Authority on September 12, 2007, the Capital Research and Management Company, another fund of the Capital Group Companies, Inc. reports its holdings separately.

On September 12, 2007, the Capital Group Companies Inc., the Capital Group International Inc. and its subsidiaries held a total of 2.15% of UPM-Kymmene Corporation's voting rights and share capital.

In addition, UPM announces that the Capital Research and Management Company held a total of 4.84% of UPM-Kymmene Corporation's share capital and 3.79% of voting rights based on the announcement made by the Capital Group Companies Inc. on December 18, 2006.