UPM-Kymmene - Changes in company's own shares

SHARE REPURCHASE 7.11.2007

UPM-Kymmene Corporation        ANNOUNCEMENT        7.11.2007                    



SHARE REPURCHASE 7.11.2007                                                      

Helsinki Stock Exchange                                                         

Trade date                                         7.11.2007                    
Bourse trade                                       PURCHASE                     
Share                                              UPM1V                        
Amount                                             600 000 shares               
Total cost                                         8 972 017.25  EUR            
Average price / share                              14.9534       EUR            
Highest price / share                              15.21         EUR            
Lowest price / share                               14.78         EUR            


UPM-Kymmene Corporation now holds 15 390 000 shares                             
including the shares repurchased on 7.11.2007.                                  



On behalf of UPM-Kymmene Corporation                                            

HANDELSBANKEN CAPITAL MARKETS                                                   

Juha Kolehmainen                   Mauritz Heikkilä