UPM adopted new way to operate


UPM-Kymmene Corporation   Investor News  1 December 2008  at 09:30             
                                               
From today, UPM operates based on a strengthened and market driven business     
structure. The company consists of three Business Groups, which are Energy and  
pulp, Paper, and Engineered materials.                                          

UPM will report its financial review for the year 2008 according to the new     
structure on 5 February 2009. Comparable financial figures for Q1/07-Q3/08 will 
be published on 12 December 2008.                                               

UPM will report financial information for the following segments: Energy, Pulp, 
Forest and timber, Paper, Labels, Plywood and Other operations. Energy and Pulp 
include shares of corresponding associated companies.                           

UPM, Corporate Communications                                                   
Media Desk, tel. +358 40 588 3284                                               
communications@upm-kymmene.com                                                  

UPM-Kymmene Corporation                                                         
Pirkko Harrela                                                                  
Executive Vice President, Corporate Communications                              

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NASDAQ OMX Helsinki Ltd                                                         
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