UPM has received a notice from Metsäliitto on the use of a call option

UPM-Kymmene Corporation   Stock exchange release  17 April 2012  at 17:30

UPM has today received a notice from Metsäliitto Cooperative (”Metsäliitto”) on the use of a call option. According to the notice, Metsäliitto purchases UPM’s 11% share in Metsä Fibre Oy (formerly Oy Metsä-Botnia Ab) for 150 million euros. UPM is currently investigating whether Metsäliitto’s notice complies with the agreement between the parties concerning the matter.

For more information, please contact:
Juha Mäkelä, General Counsel, UPM, tel: +358 20 41 50407

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UPM-Kymmene Corporation
Pirkko Harrela
Executive Vice President, Corporate Communications

UPM, Corporate Communications
Media Desk, tel. +358 40 588 3284

media@upm.com
www.upm.com