UPM-Kymmene - Changes in company's own shares

SHARE REPURCHASE 5.11.2007

UPM-Kymmene Corporation        ANNOUNCEMENT        5.11.2007



SHARE REPURCHASE 5.11.2007

Helsinki Stock Exchange

Trade date                                         5.11.2007
Bourse trade                                       PURCHASE
Share                                              UPM1V
Amount                                             420 000 shares
Total cost                                         6 278 597.64  EUR
Average price / share                              14.9490       EUR
Highest price / share                              15.15         EUR
Lowest price / share                               14.80         EUR


UPM-Kymmene Corporation now holds 14 460 000 shares
including the shares repurchased on 5.11.2007.



On behalf of UPM-Kymmene Corporation

HANDELSBANKEN CAPITAL MARKETS

Juha Kolehmainen                   Mauritz Heikkilä