UPM-Kymmene Corporation Company announcement 19 November 2008 at 9:00
Change in the number of UPM's shares based on subscriptions with stock
options 2005F
Between 1 March 2008 and 31 October 2008, a total of 2,000 UPM-Kymmene
Corporation's stock options 2005F were used for the subscription of 2,000 UPM
shares. The share subscription period for the stock options 2005F ended on 31
October 2008. After the registration, the total number of UPM shares increased
by 2 000 shares to 519,970,088. The new shares have been registered in the
Finnish Trade Register on 19 November 2008.
Dividend rights and other shareholder rights began when the increase of the
number of shares was registered on the Trade Register of Finland. An application
has been submitted for listing the new shares together with the old shares at
the stock exchange list of the NASDAQ OMX Helsinki Ltd as of 20 November 2008.
During the entire share subscription period, a total of 4,000 stock options
2005F were used for the subscription of 4,000 UPM shares, which represent
0.0008% of the total number of UPM shares after the registration. At the end of
the share subscription period, the share subscription price for the stock option
2005F was EUR 15.23 per share. Through the authorisation in force to issue
shares and through share option programs, the number of shares may increase to a
maximum of 790,970,088.
UPM, Corporate Communications
Media Desk, tel. +358 40 588 3284
communications@upm-kymmene.com
UPM-Kymmene Corporation
Pirkko Harrela
Executive Vice President, Corporate Communications
DISTRIBUTION
NASDAQ OMX Helsinki Ltd
Main media
www.upm-kymmene.com
Change in the number of UPM's shares based on subscriptions with stock options 2005F
| Source: UPM-Kymmene Oyj