UPM-Kymmene Corporation Stock exchange release 28 September 2010 at 08:30
UPM is engaged in discussions with Myllykoski Group concerning a potential
UPM confirms that it is engaged in discussions with the Finnish publication
paper company Myllykoski Group concerning a potential transaction of
Myllykoski's operations in Finland, Germany and United States.
At the present time, the discussions continue and a number of significant issues
remain unresolved. Therefore, there can be no certainty that the discussions
between UPM, Myllykoski and its lenders will result in a transaction.
UPM will announce the result of the discussion if the discussions reach a
conclusion where public disclosure is appropriate under applicable laws. UPM
will also make an announcement would the discussions be terminated.
UPM will not comment on the negotiations in any further detail.
Executive Vice President, Corporate Communications
UPM, Corporate Communications
Media Desk, tel. +358 40 588 3284
NASDAQ OMX Helsinki Ltd