UPM-Kymmene Corporation ANNOUNCEMENT 29.08.2007 SHARE REPURCHASE 29.08.2007 Helsinki Stock Exchange Trade date 29.08.2007 Bourse trade PURCHASE Share UPM1V Amount 530 000 shares Total cost 8 623 653.83 EUR Average price / share 16.271 EUR Highest price / share 16.40 EUR Lowest price / share 16.08 EUR UPM-Kymmene Corporation now holds 530 000 shares including the shares repurchased on 29.8.2007. On behalf of UPM-Kymmene Corporation HANDELSBANKEN CAPITAL MARKETS Juha Kolehmainen Mauritz Heikkilä