UPM-Kymmene - Changes in company's own shares

SHARE REPURCHASE 8.11.2007

UPM-Kymmene Corporation        ANNOUNCEMENT        8.11.2007



SHARE REPURCHASE 8.11.2007

Helsinki Stock Exchange

Trade date                                         8.11.2007
Bourse trade                                       PURCHASE
Share                                              UPM1V
Amount                                             800 000 shares
Total cost                                         11 936 520.83  EUR
Average price / share                              14.9207        EUR
Highest price / share                              15.18          EUR
Lowest price / share                               14.57          EUR


UPM-Kymmene Corporation now holds 16 190 000 shares
including the shares repurchased on 8.11.2007.



On behalf of UPM-Kymmene Corporation

HANDELSBANKEN CAPITAL MARKETS

Juha Kolehmainen                   Mauritz Heikkilä