SHARE REPURCHASE 21.09.2007


UPM-Kymmene Corporation        ANNOUNCEMENT        21.09.2007



SHARE REPURCHASE 21.09.2007

Helsinki Stock Exchange

Trade date                                         21.09.2007
Bourse trade                                       PURCHASE
Share                                              UPM1V
Amount                                             790 000 shares
Total cost                                         13 439 404.79   EUR
Average price / share                              17.0119         EUR
Highest price / share                              17.18           EUR
Lowest price / share                               16.75           EUR


UPM-Kymmene Corporation now holds 8 760 000 shares
including the shares repurchased on 21.09.2007.



On behalf of UPM-Kymmene Corporation

HANDELSBANKEN CAPITAL MARKETS

Juha Kolehmainen                   Mauritz Heikkilä