*CONVERSION OF A SHARE INTO R SHARE: STO

HEX HELSINKI     SECURITIES EXCHANGE   RELEASE 261/2003
                 SHARES                15 October 2003


CONVERSION OF A SHARE INTO R SHARE: STORA ENSO OYJ

A total of 502 923 converted A shares of Stora Enso Oyj
into R shares will be traded together with the R shares
of Stora Enso Oyj as of 16 October 2003.

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

Trading code:                        STEAV
ISIN code:                           FI0009005953
Number of shares:                    181 646 403


Trading code:                        STERV
ISIN code:                           FI0009005961
Number of shares:                    682 541 096


HELSINKI EXCHANGES
Pekka Peiponen

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