A total of 5,000,000 stock options 2007C were issued. There are currently 516 key employees holding a total of 4,500,500 stock options 2007C. UPM currently holds 499,500 stock options 2007C, which will not be used for share subscription.Each stock option 2007C entitles its holder to subscribe for one share of UPM at a subscription price of 10.49 Euros. The share subscription period is from 1 October 2012 to 31 October 2014.As a result of the exercise of the outstanding stock options, the number of the UPM shares may increase by a maximum of 4,500,500 new shares.Evli Bank acts as a subscription place for share subscriptions with UPM 2007 stock options.