Announcement under Chapter 9 Section 10 of the Securities Markets Act

UPM-Kymmene Corporation   Stock Exchange Release     4 March 2013   at 11.30 EET

UPM-Kymmene Corporation (Business ID 1041090-0) has on 1 March 2013 received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which BlackRock Inc.’s indirect holding in UPM has fallen below the threshold of 5 per cent on 28 February 2013.

According to the announcement, the indirect holding of BlackRock Inc. (USA Tax ID 32-0174421, SEC CIK Code#: 0001364742) in UPM has decreased from 26,360,293 shares to 26,228,988 shares, corresponding to 4.981 per cent of UPM's shares and voting rights.

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

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UPM leads the integration of bio and forest industries into a new, sustainable and innovation-driven future. Our products are made of renewable raw materials and are recyclable. UPM consists of three Business Groups: Energy and pulp, Paper, and Engineered materials. The Group employs around 22,000 people and it has production plants in 17 countries. UPM's annual sales exceed EUR 10 billion. UPM's shares are listed on the Helsinki stock exchange. UPM – The Biofore Company – www.upm.com