UPM-Kymmene - Company Announcement

Claims related to the Finnish roundwood market delivered to UPM

(UPM, Helsinki, 10 February 2012 at 10 EET) - UPM has received claims relating
to the Market Court decision on breaching competition rules in the Finnish
roundwood market (3 December 2009). 

The capital amounts of all of the claims amount to EUR 227.7 million in the
aggregate jointly and severally from UPM and two other companies, or
alternatively and individually from UPM in the aggregate EUR 54.1 million.  In
addition to the claims on capital amounts, the claimants also claim for
compensation relating to value added tax and interests. 

In addition to the state owned forest administrator Metsähallitus, also
individuals and companies, as well as municipalities and parishes have filed
claims. 

UPM estimates that the aggregate amounts of the claims will not significantly
change but will provide further information on the claims in its interim
reviews as appropriate. 

UPM considers all the claims unfounded in their entirety. No provisions have
been made in UPM's accounts for any of the claims. 


For further information, please contact:
Juha Mäkelä, General Counsel, UPM, tel. +358 204 15 040

Sami Latva, Group Legal Counsel, UPM tel. +358 204 15 0206



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


UPM, Corporate Communications
Media Desk, tel. +358 40 588 3284
media@upm.com
www.upm.com