24.02.04

24.2.2004: Meldung: Stora Enso Oyj: Franklin Resources halten mehr als fünf Prozent der Aktien (engl.)

Franklin Resources, Inc. has increased its shareholding in Stora Enso

Stora Enso Oyj Stock Exchange Announcement 24 February 2004 at 07:00 GMT

Stora Enso Oyj was informed on 20 February 2004 that the shares in the Company held by the mutual funds of Franklin Resources, Inc. had exceeded 5% of the paid-up share capital on 17 February 2004.

With reference to Chapter 2, paragraph 10 of the Finnish Securities Markets Act and the relevant decision of the Finnish Ministry of Finance, Stora Enso Oyj is reporting that as of 17 February 2004 the shareholding of mutual funds of Franklin Resources, Inc. is as follows:


Franklin Resources, Inc. Number of shares % of shares % of votes

Series R shares 45 391 907 5.25 1.82

In addition, voting rights held by affiliated advisers of Franklin Resources, Inc. under account management agreements equal to 0.91% of the total voting rights.

The holding of Franklin Resources, Inc. has been calculated according to the share capital registered on 17 February 2004.



For further information, please contact:
Keith Russell, Senior Vice President, Investor Relations, tel. +44 20 7016 3146
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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