The Capital Group Companies, Inc. funds' holding of UPM's share capital 10.03 per cent

(UPM, Helsinki, October 27, 2006) – According to Finnish Securities Market Act, Chapter 2, Section 9, UPM reports the following:

On October 20, 2006, the holdings by the mutual funds of the Capital Group Companies, Inc. of the share capital of UPM-Kymmene Corporation was as follows:

Capital Research and Management Company, shares 26,373,000
Capital Guardian Trust Company 19,202,127
Capital International, Inc. 112,828
Capital International Limited 5,960,605
Capital International, S.A. 845,655

Total 52,494,215

This holding amounts to 10.03 per cent of UPM-Kymmene Corporation's share capital.

On October 20, 2006, the voting rights of the Capital Group Companies, Inc. were as follows:

Capital Research and Management Company, shares 20,873,000
Capital Guardian Trust Company 15,683,580
Capital International, Inc. 88,800
Capital International Limited 4,416,172
Capital International, S.A. 604,600

Total 41,666,152

The total amount of voting rights managed by the Capital Group Companies, Inc. represented 7.96 per cent of the voting rights in UPM-Kymmene Corporation.