According to the Finnish Securities Market Act, Chapter 2, Section 9, UPM-Kymmene reports the following.
On 31 January, 2002, the holdings by the mutual funds of Franklin Resources Group of the paid up share capital of UPM-Kymmene was as follows:
Templeton Global Advisers Ltd 10 374 546 sharesTempleton Investment Counsel LLC 1 709 542 Franklin Templeton Investments Corp. 840 071
Total 12 924 159 shares
This holding amounts to 4.97 per cent of UPM-Kymmene's paid up share capital and the total votes. In addition, the Franklin Resources Group has an authorization to use voting rights with a share of 0.85 per cent as follows:
Franklin Private Client Group 1 200Templeton Global Advisers Ltd 24 300Templeton Investment Counsel LLC 1 507 411Franklin Templeton Investment Mgmt. Ltd 11 000 Franklin Templeton Investment Corp. 2 202 299
Total 2 202 299
The total amount of voting rights managed by the Franklin Resources Group represented 5.82 per cent of the voting rights in UPM-Kymmene on 31 January, 2002.
UPM-Kymmene CorporationCorporate Communications7 February, 2002