UPM-Kymmene - Company Announcement

UPM completed the acquisition of M-real's holding in Myllykoski Paper Oy

(UPM, Helsinki, 23 September 2011 at 12:00) - UPM's has completed the
acquisition of M-real Corporation's 35% holding in Myllykoski Paper Oy and the
capital loan M-real has granted to Myllykoski Paper Oy for a total of EUR 10.5
million. 

All relevant regulatory authorities have approved the transaction.

For more information, please contact:
Tapio Korpeinen, CFO, UPM, tel: +358 20 41 50004

UPM-Kymmene Corporation
Pirkko Harrela
Executive Vice President, Corporate Communications

UPM, Corporate Communications
Media Desk, tel. +358 40 588 3284
media@upm.com

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