Norges Bank's holding of UPM's share capital 5 per cent

(UPM, Helsinki, 24 October 2008 at 17:00) – According to Finnish Securities Market Act, Chapter 2, Section 9, UPM reports the following:

As a result of a share transaction concluded on 22 October 2008, the holdings of Norges Bank (Central Bank of Norway, organization number 937 884 117) now represent 5 per cent of the share capital of UPM-Kymmene Corporation.

According to the information received by UPM, holding of Norges Bank is 26,067,273 shares, which represent 5.01 per cent of UPM's share capital and voting rights.