(UPM, Helsinki, December 5, 2007 at 14:00) – Today is the last day for UPM-Kymmene Corporation's listing of its ADSs on the New York Stock Exchange (NYSE). Starting from December 6, 2007, the Company's ADSs will be traded on the US over-the-counter (OTC) market under a Level 1 sponsored American Depositary Receipt program.
In addition to delisting from the NYSE, UPM will file a Form 15F with the U.S. Securities and Exchange Commission (SEC) to terminate its other registration and reporting obligations. Upon the filing, UPM’s other reporting obligations will be suspended immediately. These reporting obligations will be finally terminated after a 90-day waiting period provided that the SEC does not raise objections.
UPM has been listed on the NYSE and subject to the accounting and reporting requirements of the Securities Exchange Act of 1934 since June 1999. The primary trading market for UPM's shares is the OMX Nordic Exchange Helsinki in Finland.
For further information, please contact:
Ms Sari Kolu, Senior Group Legal Counsel, UPM,
tel. +358 50 384 3027
Mr Olavi Kauppila, Senior Vice President, Investor Relations,
tel. +358 40 700 3721