Sale of UPM Schwedt mill to LEIPA Georg Leinfelder GmbH finalised

Press Release 7/1/2016 7:30 AM UTC

(UPM, Helsinki, 1 July 2016 at 9:30 EET) - According to the agreement announced on 26 April 2016 the UPM Schwedt mill site and relevant assets have been transferred from UPM to LEIPA Georg Leinfelder GmbH on 1 July 2016.

For further information please contact:
UPM Paper ENA media contact: Klaus Kohler, Manager Stakeholder Relations, klaus.kohler@upm.com, Tel. +49 821 3109-225

UPM, Media Relations
9.00-16.00 EET
tel. +358 40 588 3284
media@upm.com

Previous press release:
UPM sells its Schwedt mill to LEIPA Georg Leinfelder GmbH

About UPM Paper ENA
UPM Paper ENA (Europe & North America) is the world's leading producer of graphic papers, serving customers in Magazine Publishing & Advertising, Merchants, Home & Office, and Newspaper Publishing. A leader in sustainable and high performance papers, UPM Paper ENA's production is located in Finland, Germany, the United Kingdom, France, Austria, and the United States. With headquarters in Germany, UPM Paper ENA employs approximately 9,500 people. To learn more about UPM Paper ENA visit: www.upmpaper.com

About UPM
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 19,600 people and its annual sales are approximately € 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - www.upm.com

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