16.02.04

16.2.2004: Meldung: Stora Enso"s converted shares recorded in Finnish trade register

Stora Enso"s converted shares recorded in Finnish trade register

Stora Enso Oyj Stock Exchange Announcement 16 February 2004 at 09:00 GMT

During the 31 December 2003 - 4 February 2004 conversion period there were five conversions and a total of 10 341 series A shares were converted into R shares. The shares were recorded in the Finnish trade register today, 16 February 2004, and trading in the new R shares will start on 17 February 2004.

Breakdown of shares after conversion:

+------------------------+
| A shares | 181 172 833 |
|----------+-------------|
| R shares | 683 311 666 |
|----------+-------------|
| Total | 864 484 499 |
+------------------------+

For further information, please contact:
Ulla Paajanen-Sainio, Vice President, Investor Relations and
Financial Communications, tel. +358 2046 21242

Stora Enso is an integrated paper, packaging and forest products company producing publication and fine papers, packaging boards and wood products, areas in which the Group is a global market leader.

Stora Enso sales totalled EUR 12.2 billion in 2003. The Group has some 44 000 employees in more than 40 countries in five continents and an annual production capacity of 15.7 million tonnes of paper and board and 7.4 million cubic metres of sawn wood products, including 2.8 million cubic metres of value-added products. Stora Enso"s shares are listed in Helsinki, Stockholm and New York.

Stora Enso Oyj
Business ID 1039050-8
Kanavaranta 1
00160 Helsinki, Finland
P.O. Box 309
FIN-00101 Helsinki, Finland
Tel.: +358 2046 131
Fax: +358 2046 21471

www.storaenso.com

Stora Enso Oyj
Business ID 1039050-8
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