16.7.2004: Meldung: Stora Enso"s converted shares in Finnish trade register

Stora Enso Oyj Stock Exchange Announcement
During the 1-30 June 2004 conversion period there were 4 conversions and a total of 9 805 series A shares were converted into R shares. The shares were recorded in the Finnish trade register today, 15 July 2004, and trading in the new R shares will start on 16 July 2004.

Breakdown of shares after conversion:
A shares: 180 060 771
R shares: 657 182 628
Total: 837 243 399

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.

For further information, please contact:
Heidi Puusa, Financial Communications, tel. +358 2046 21309
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
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