SHARE REPURCHASE 1.10.2003

STORA ENSO OYJ               ANNOUNCEMENT 1.10.2003


SHARE REPURCHASE 1.10.2003


Trade date                    1.10.2003
Bourse Trade                  BUY
Share                         STEAV
Amount                        500		shares  
Total cost                    5 250	  	EUR
Average price / share         10,50    		EUR
Highest price / share         10,50    		EUR
Lowest price / share          10,50    		EUR

Trade date                    1.10.2003
Bourse Trade                  BUY
Share                         STERV
Amount                        419 500		shares  
Total cost                    4 350 430  	EUR
Average price / share         10,37    		EUR
Highest price / share         10,50    		EUR
Lowest price / share          10,25    		EUR


Stora Enso Oyj holds 7 000 A-shares and 21 883 920 R-shares including the amount repurchased 1.10.2003.


On behalf of Stora Enso Oyj


Alfred Berg Finland Oyj Abp

Timo Nousiainen		Ari Kiuru




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