Share subscriptions based on UPM stock options 2007C

UPM-Kymmene Corporation            Stock Exchange Release                28 March 2014 at 9:00 EET

A total of 2,847,484 UPM-Kymmene Corporation new shares were subscribed for between 18 December 2013 and 14 March 2014 under the company's stock option rights 2007C. The entire subscription price of EUR 29,870,107.16 will be entered in the invested unrestricted equity reserve. As a result of the share subscriptions, the number of UPM's shares will increase to 532,149,381.

The shares subscribed for under the stock options were registered in the Trade Register on 28 March 2014, as of which date the new shares will establish shareholder rights.

Trading in the new shares will begin on NASDAQ OMX Helsinki on 31 March 2014.

The share subscription period for stock options 2007C is between 1 October 2012 and 31 October 2014.

The terms and conditions of UPM's stock options 2007 with additional information are available on the company's website www.upm.com.
 

UPM-Kymmene Corporation
Pirkko Harrela
Executive Vice President, Stakeholder Relations

UPM, Media Desk
Mon-Fri 9:00-16:00 EET
Tel. +358 40 588 3284
media@upm.com
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Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas: UPM Biorefining, UPM Energy, UPM Raflatac, UPM Paper Asia, UPM Paper Europe and North America and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The Group employs around 21,000 people and our annual sales are approximately € 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM – The Biofore Company – www.upm.com