UPM-Kymmene - Major shareholder announcements

Norges Bank’s holding in UPM has gone below the threshold of 5 per cent

UPM-Kymmene Corporation   Stock Exchange Release   8 April 2015 at 15:00 EET

Norges Bank's holding in UPM has gone below the threshold of 5 per cent

UPM-Kymmene Corporation has on 8 April 2015 received an announcement under
Chapter 9, Section 5 of the Securities Markets Act, according to which Norges
Bank's (The Central Bank of Norway) holding in UPM has fallen below the
threshold of 5 per cent on 7 April 2015 after a share lending transaction where
Norges Bank is the lender. 

According to the announcement, Norges Bank's holding in UPM has decreased from
31,890,291 to 21,852,002 shares, corresponding to 4.09 per cent of UPM's shares
and voting rights. UPM's registered total number of shares and voting rights
amounting to 533,735,699 has been used in the calculation of percentages for
the announcement. 


UPM-Kymmene Corporation
Pirkko Harrela
Executive Vice President, Stakeholder Relations

UPM, Media Desk
9.00-16.00 EET
tel. +358 40 588 3284
media@upm.com

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Through the renewing of the bio and forest industries, UPM is building a
sustainable future across six business areas: UPM Biorefining, UPM Energy, UPM
Raflatac, UPM Paper Asia, UPM Paper Europe and North America and UPM Plywood.
Our products are made of renewable raw materials and are recyclable. We serve
our customers worldwide. The group employs around 20,000 people and its annual
sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX
Helsinki. UPM - The Biofore Company - www.upm.com