UPM-Kymmene - Changes in company's own shares

SHARE REPURCHASE 20.09.2007

UPM-Kymmene Corporation        ANNOUNCEMENT        20.09.2007



SHARE REPURCHASE 20.09.2007

Helsinki Stock Exchange

Trade date                                         20.09.2007
Bourse trade                                       PURCHASE
Share                                              UPM1V
Amount                                             440 000 shares
Total cost                                         7 230 162.66   EUR
Average price / share                              16.4322        EUR
Highest price / share                              16.59          EUR
Lowest price / share                               16.27          EUR


UPM-Kymmene Corporation now holds 7 970 000 shares
including the shares repurchased on 20.09.2007.



On behalf of UPM-Kymmene Corporation

HANDELSBANKEN CAPITAL MARKETS

Juha Kolehmainen                   Mauritz Heikkilä