The divisions of work in the Executive Committee

The Board of Directors of UPM-Kymmene Corporation has decided on a number of changes in responsibilities of the Executive Committee members. The changes will become effective on 1 June, 1998. In Group Head Office functions, the division of work in the Executive Committee is as follows:

President and CEO
Juha Niemelä
Legal Affairs
Corporate Communications

Executive Vice President
Martin Granholm
Business Development
Investments
Human Resources and Training
R & D

Chief Financial Officer
Jan-Henrik Kulp
Financial Control
Treasury
Taxation
Internal Audit
Corporate Structures

Senior Vice President
Heikki Sara
Resources
Pulp Coordination
Environmental Affairs
Land Administration

Senior Vice President
Kari Toikka
Investor Relations
Administration
Information Technology
Risk Management
Real Estates