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UPM-Kymmene N.A. to Implement Oct. 1 Price Increase on CGW #5 Paper

Monday, August 18, 2003

WESTMONT, Ill., Aug. 15 -- UPM-Kymmene North America will increase the price of its coated groundwood #5 magazine and catalog paper, by $40 per short ton, effective on orders shipped after Oct. 1, 2003. As UPM-Kymmene Corp. reported in its most recent earnings release issued July 17, the Company sees the economic outlook in North America showing signs of recovery.