UPM-Kymmene offers to buy remaining minority shares of Steyrermühl AG

UPM-Kymmene Corporation will make a cash purchase offer to all minority shareholders of Steyrermühl AG, UPM-Kymmene's subsidiary in Austria. UPM-Kymmene owns 99.1 per cent of the company shares. The acquisition of the remaining shares will amount to approximately EUR 2.6 million. The offer is valid until 22 November, 2002.


UPM-Kymmene Corporation
Corporate Communications
21 October, 2002