(UPM, Helsinki, September 17, 2007, 10:00) - UPM applies for listing of the stock options 2005G on the stock exchange list of the OMX Nordic Exchange Helsinki starting from October 1, 2007.
The total number of stock options 2005G is 3,000,000. Each stock option entitles its holder to subscribe for one UPM-Kymmene Corporation share. In the aggregate, the stock options 2005G entitle holders to subscribe for 3,000,000 shares.
The dividends payable annually shall be deducted from the share subscription price. The current share subscription price for stock option 2005G is EUR 17.15/share. The subscription prices will be recorded in the invested non-restricted equity fund. The share subscription period with stock options 2005G will commence on 1 October 2007 and end on 31 October 2009.
Stock option 2005 terms and conditions are available on the company's website at www.upm-kymmene.com > Investor Relations > Shares > Option programs.