EU Commission Approves UPM’s Acquisition of Myllykoski

Providing closing takes place before Aug. 3, 2011, UPM will publish proforma financial information on the transaction in connection with its interim review.

UPM
UPM leads the integration of bio and forest industries into a new, sustainable and innovation-driven future. Our products are made of renewable raw materials and are recyclable. UPM consists of three Business Groups: Energy and pulp, Paper, and Engineered materials. The Group employs around 22,000 people and it has production plants in 16 countries. In 2010, UPM's sales amounted to EUR 8.9 billion. UPM's shares are listed on the Helsinki stock exchange. www.upm.com