*STORA ENSO OYJ: CONVERSION OF A SHARE INTO R SHARE

EXCHANGE NOTICE 389/2004, 15 September 2004  SHARES


STORA ENSO OYJ: CONVERSION OF A SHARE INTO R SHARE

A total of 2 517 A shares converted into R shares of Stora Enso Oyj
will be traded together with the R shares of Stora Enso Oyj as of 18
October 2004.

Identifiers of Stora Enso Oyj's A and R share:

Trading code:                        STEAV
ISIN code:                           FI0009005953
Orderbook id:                        24359
Number of shares:                    179 057 677


Trading code:                        STERV
ISIN code:
FI0009005961
Orderbook id:                        24360
Number of shares:                    658 185 722


HELSINKI STOCK EXCHANGE
Janne Seppänen
Vice President Surveillance Finland

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