UPM sells 11% of Metsä Fibre shares to Metsäliitto

UPM-Kymmene Corporation Stock exchange release 19 April 2012 at 8.30 EET

With reference to the call option notice which UPM received from Metsäliitto Cooperative on 17 April 2012, UPM will complete the sale and purchase of the shares in Metsä Fibre Oy (formerly Oy Metsä-Botnia Ab). In the sale and purchase, UPM sells its 11% share in Metsä Fibre Oy to Metsäliitto Cooperative for EUR 150 million. The sale and purchase will be completed on 24 April 2012.

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