The Capital Group Companies, Inc. funds' holding of UPM-Kymmene share capital 13.31 per cent on 14 March, 2002

According to the Finnish Securities Market Act, Chapter 2, Section 9, UPM-Kymmene reports the following.

On 14 March, 2002, the holdings by the mutual funds of the Capital Group Companies, Inc. of the paid up share capital of UPM-Kymmene was as follows:

Capital Research and Management Company 19 907 818 shares
Capital Guardian Trust Company 13 462 467
Capital International, Inc. 675 722
Capital International Ltd. 363 850
Capital International, S.A. 181 925

Total 34 591 784 shares

This holding amounts to 13.31 per cent of UPM-Kymmene's paid up share capital.

On 14 March, 2002 the voting rights of the Capital Group Companies, Inc. were as follows:

Capital Research and Management Company 14 356 600 shares
Capital Guardian Trust Company 11 082 786
Capital International, Inc. 361 200
Capital International Ltd. 295 853
Capital International, S.A. 62 065

Total 26 158 504 shares

The total amount of voting rights managed by the Capital Group Companies, Inc. represented 10.11 per cent of the voting rights in UPM-Kymmene.

UPM-Kymmene Corporation
Corporate Communications
18 March, 2002