Franklin Resources has decreased its shareholding in Stora Enso
Stora Enso Oyj was informed on 21 September 2007 that the shares in the Company held by the affiliated investment advisers of Franklin Resources, Inc. has fallen under 5% of the paid-up share capital on 20 September 2007.
With reference to Chapter 2, paragraph 10 of the Finnish Securities Markets Act, Stora Enso Oyj is reporting that as of 20 September 2007 the total shareholding of funds managed by affiliated investment advisers of Franklin Resources, Inc. is as follows: -------------------------------------------------------------------------------- | Franklin | Number of shares | % of shares | % of votes | | Resources, Inc. | | | | -------------------------------------------------------------------------------- | Series R shares | 37 810 155 | 4.79 | 1.58 | -------------------------------------------------------------------------------- In addition, voting rights by affiliated advisers of Franklin Resources, Inc. under account management agreements were 1.22% of the total voting rights. The holding of Franklin Resources, Inc. has been calculated according to the share capital registered on 20 September 2007. For further information, please contact: Keith B Russell, SVP, Investor Relations, tel. +44 20 7016 3146 Ulla Paajanen-Sainio, VP, Investor Relations and Financial Communications, tel. +358 40 763 8767 www.storaenso.com www.storaenso.com/investors STORA ENSO OYJ Jyrki Kurkinen Ulla Paajanen-Sainio