UPM-Kymmene - Changes in company's own shares

SHARE REPURCHASE 01.11.2007

UPM-Kymmene Corporation        ANNOUNCEMENT        01.11.2007



SHARE REPURCHASE 01.11.2007

Helsinki Stock Exchange

Trade date                                         01.11.2007
Bourse trade                                       PURCHASE
Share                                              UPM1V
Amount                                             650 000 shares
Total cost                                         9 903 981.34   EUR
Average price / share                              15.2369        EUR
Highest price / share                              15.50          EUR
Lowest price / share                               14.99          EUR


UPM-Kymmene Corporation now holds 13 530 000 shares
including the shares repurchased on 01.11.2007.



On behalf of UPM-Kymmene Corporation

HANDELSBANKEN CAPITAL MARKETS

Juha Kolehmainen                   Mauritz Heikkilä