UPM-Kymmene - Major shareholder announcements

Announcement under Chapter 9 Section 10 of the Securities Markets Act

UPM-Kymmene Corporation   Stock Exchange Release       26 February 2013       
at 16.30 EET 

UPM-Kymmene Corporation (Business ID 1041090-0) has on 26 February 2013
received an announcement under Chapter 9, Section 5 of the Securities Markets
Act, according to which BlackRock Inc.'s indirect holding in UPM has fallen
below the threshold of 5 per cent on 25 February 2013. 

According to the announcement, the indirect holding of BlackRock Inc. (USA Tax
ID 32-0174421, SEC CIK Code#: 0001364742) in UPM has decreased from 26,400,542
shares to 26,274,266 shares, corresponding to 4.989 per cent of UPM's shares
and voting rights. 

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

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UPM leads the integration of bio and forest industries into a new, sustainable
and innovation-driven future. Our products are made of renewable raw materials
and are recyclable. UPM consists of three Business Groups: Energy and pulp,
Paper, and Engineered materials. The Group employs around 22,000 people and it
has production plants in 17 countries. UPM's annual sales exceed EUR 10
billion. UPM's shares are listed on the Helsinki stock exchange. UPM - The
Biofore Company - www.upm.com