UPM-Kymmene - Changes in company's own shares

SHARE REPURCHASE 31.08.2007

UPM-Kymmene Corporation        ANNOUNCEMENT        31.08.2007                   



SHARE REPURCHASE 31.08.2007                                                     

Helsinki Stock Exchange                                                         

Trade date                                         31.08.2007                   
Bourse trade                                       PURCHASE                     
Share                                              UPM1V                        
Amount                                             390 000 shares               
Total cost                                         6 487 635.50  EUR            
Average price / share                              16.635        EUR            
Highest price / share                              16.73         EUR            
Lowest price / share                               16.57         EUR            


UPM-Kymmene Corporation now holds 1 270 000 shares                              
including the shares repurchased on 31.8.2007.                                  



On behalf of UPM-Kymmene Corporation                                            

HANDELSBANKEN CAPITAL MARKETS                                                   

Juha Kolehmainen                   Mauritz Heikkilä