UPM's Annual Report on Form 20-F for 2003 has been filed with the Securities and Exchange Commission on June 21, 2004. The 20-F is available as a PDF document on UPM's Internet site at www.upm-kymmene.com.
For further information please contact:Mr Olavi Kauppila, Senior Vice President, Investor Relations, UPM, tel. +358 204 15 0658
UPMCorporate CommunicationsJune 21, 2004