STORA ENSO OYJ Stock Exchange Announcement 24 February 2004 at 09.00
Franklin Resources, Inc. has increased its shareholding in Stora
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
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:
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
tel. +358 2046 21242
STORA ENSO OYJ
p.p. Jussi Siitonen Jukka Marttila