UPM-Kymmene - Major shareholder announcements

Announcement under Chapter 9 Section 10 of the Securities Markets Act

UPM-Kymmene Oyj   Stock Exchange Release       28 February 2013    at 17.15 EET

UPM-Kymmene Corporation (Business ID 1041090-0) has on 28 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 gone above
the threshold of 5 per cent on 27 February 2013. 

According to the announcement, the indirect holding of BlackRock Inc. (USA Tax
ID 32-0174421, SEC CIK Code#: 0001364742) in UPM has increased from 26,274,266
shares to 26,360,293 shares, corresponding to 5.006 per cent of UPM's shares
and voting rights. 

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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

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