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Share subscriptions based on UPM stock options 2007C

August 7, 2014

UPM-Kymmene Corporation Stock Exchange Release 8 August 2014 at 9:00 EET A total of 1,000 UPM-Kymmene Corporation new shares were subscribed for between 27 May 2014 and 25 July 2014 under the company's stock option rights 2007C. The entire subscription price of EUR 10,490 will be entered in the invested unrestricted equity reserve. As a result of the share subscriptions, the number of UPM's shares will increase to 532,150,381. The shares subscribed for under the stock options were registered in the Trade Register on 8 August 2014, as of which date the new shares will establish shareholder rights. Trading in the new shares will begin on NASDAQ OMX Helsinki on 11 August 2014. The share subscription period for stock options 2007C is between 1 October 2012 and 31 October 2014. The terms and conditions of UPM's stock options 2007 with additional information are available on the company's website UPM-Kymmene CorporationPirkko Harrela Executive Vice President, Stakeholder Relations UPM, Media Desk Mon-Fri 9:00-16:00 EET Tel. +358 40 588 3284 Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas: UPM Biorefining, UPM Energy, UPM Raflatac, UPM Paper Asia, UPM Paper Europe and North America and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 21,000 people and its annual sales are approximately € 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM – The Biofore Company – Copyright © 2014 OMX AB (publ).

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Source: OMX

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