UPM-Kymmene - Major shareholder announcements

Announcement under Chapter 2 Section 10 of the Securities Market Act

UPM-Kymmene Oyj   Stock Exchange Release       29 November 2012        at 15.50
EET 

UPM-Kymmene Corporation (Business ID 1041090-0) has on 28 November 2012
received an announcement under Chapter 2, Section 9 of the Securities Market
Act, according to which BlackRock Inc.'s indirect holding in UPM has exceeded
the threshold of 5 per cent on 27 November 2012. 

According to the announcement, the indirect holding of BlackRock Inc. (USA Tax
ID 32-0174421, SEK CIK Code#: 0001364742) in UPM has increased from 26,285,323
shares to 26,367,584 shares, corresponding to 5.015 per cent of UPM's shares
and voting rights. 


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

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