About UPM

Management Ownership

At the end of 2009, the members of the Board of Directors and the President and CEO owned a total of 1,234,911 UPM-Kymmene Corporation shares (959,785 in 2008).(*

At the end of the year, President and CEO Jussi Pesonen owned 760,000 share options (*.

Shares and share options held by the members of the Group Executive Team at 31 December, 2009

For current holdings please see "Detailed insider ownership and history"

Name
Shares total
of which
restricted**



2005H


2007A


2007B
Jussi Pesonen***
92,814
45,800
120,000
300,000
340,000
Anu Ahola
-
-
8,000
80,000
80,000
Pirkko Harrela
12,368
2,950
40,000
80,000
80,000
Tapio Korpeinen***
480
-
30,000
120,000
170,000
Juha Mäkelä
6,448
2,800
40,000
80,000
80,000
Jyrki Ovaska***
13,772
5,000
60,000
150,000
170,000
Jyrki Salo***
23,000
5,000
60,000
150,000
170,000
Riitta Savonlahti
6,598
2,950
20,000
80,000
80,000
Hans Sohlström
19,340
3,000
40,000
80,000
80,000
Jussi Vanhanen***
480
-
9,000
120,000
170,000
Hartmut Wurster
10,572
5,100
60,000
120,000
120,000

* Share ownership also includes shares held by his/her spouse, persons under his/her guardianship, and other relatives who have lived in the same household for at least 12 months and by organizations and foundations of which the person has control.

** Restricted shares: Require two years' holding period and employment.

*** The members of the Group Executive Board belong to the public insider register of UPM and their above share-holdings include shares held by closely related persons and/or organisations in which the person exercises control.