UPM-Kymmene Oy : UPM’s annual summary of releases from 2011 published

4 January 2012 UPM's annual summary of releases from 2011 1. Stock exchange releases 1.1. Financial reports

2 Feb UPM Financial Review 2010
28 Apr UPM Interim Report, 1 January-31 March 2011
3 Aug UPM Interim Report, 1 January-30 June 2011
28 Oct UPM Interim Report, 1 January-30 September 2011

1.2. Other stock exchange releases

20 Jan UPM's annual summary of releases from 2010 published
26 Jan UPM's associated company Pohjolan Voima is negotiating with the State of Finland and
Ilmarinen on the transaction of Fingrid shares
2 Feb Notice of the Annual General Meeting 7 April 2011
2 Feb UPM introduces two new share incentive plans
24 Feb UPM's Annual Report for 2010 published
4 Mar EU Regulatory process of UPM's Myllykoski transaction proceeds into the second phase
1 Apr UPM considers Metsähallitus claims unfounded
7 Apr UPM's President and CEO Jussi Pesonen at the company's Annual General Meeting: A
strong cash flow and balance sheet provide means to realise growth opportunities
7 Apr Decisions of UPM-Kymmene Corporation's Annual General Meeting 7 April 2011
7 Apr Björn Wahlroos to continue as Chairman of UPM Board of Directors
8 Apr Announcement under Chapter 2 Section 10 of the Securities Market Act
12 Apr Share subscriptions based on UPM stock options 2007A
19 Apr UPM's associated company Pohjolan Voima sells Fingrid shares to the State of Finland and Ilmarinen
21 Apr Announcement under Chapter 2 Section 10 of the Securities Market Act
15 Jun UPM financial reporting and Annual General Meeting in 2012
30 Jun UPM sells 6.7 % of Metsä-Botnia and agrees a call option for the remaining shares
13 Jul EU Commission has approved UPM's Myllykoski transaction
1 Aug UPM's acquisition of Myllykoski is completed
1 Aug UPM issues five million new shares in directed share issue as part of financing the
Myllykoski transaction
31 Aug UPM plans to reduce 1.3 million tonnes of paper capacity in Europe
21 Sep UPM applies for listing of stock options 2007B
23 Sep UPM completed the acquisition of M-real's holding in Myllykoski Paper Oy
14 Oct Lower pulp and fine paper deliveries in Europe had an adverse impact on UPM's operating profit
3 Nov UPM to close the Myllykoski paper mill and implement From Job to Job programme
9 Nov Share subscriptions based on UPM stock options 2007B
22 Dec Share subscriptions based on UPM stock options 2007B
UPM, Corporate Communications Media Desk, tel. [phone] [e-mail]