Changes in UPM's ownership - Announcement according to the Finnish Securities Market Act, Chapter 2, Section 9


According to the Finnish Securities Market Act, Chapter 2, Section 9, UPM       
reports the following:                                                          

The Capital Group, Inc. (Taxpayer I.D. 86-0206507) funds' holding of UPM-Kymmene
Corporation's voting rights and share capital has fallen below five (5) percent.

The Capital Group Companies Inc. together with the Capital Group International, 
Inc. and its subsidiaries report their holdings in UPM-Kymmene Corporation      
jointly. Based on an exemption granted by the Finnish Financial Supervision     
Authority on September 12, 2007, the Capital Research and Management Company,   
another fund of the Capital Group Companies, Inc. reports its holdings          
separately.                                                                     

On September 12, 2007, the Capital Group Companies Inc., the Capital Group      
International Inc. and its subsidiaries held a total of 2.15% of UPM-Kymmene    
Corporation's voting rights and share capital.                                  

In addition, UPM announces that the Capital Research and Management Company held
a total of 4.84% of UPM-Kymmene Corporation's share capital and 3.79% of voting 
rights based on the announcement made by the Capital Group Companies Inc. on    
December 18, 2006.                                                              


UPM-Kymmene Corporation                                                         

Pirkko Harrela                                                                  
Executive Vice President, Corporate Communications                              

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OMX Nordic Exchange Helsinki                                                    
New York Stock Exchange                                                         
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