SHARE REPURCHASE 1.12.2003

STORA ENSO OYJ               ANNOUNCEMENT 1.12.2003


SHARE REPURCHASE 1.12.2003


Trade date                    1.12.2003
Bourse Trade                  BUY
Share                         STERV
Amount                        200 000		shares  
Total cost                    2 213 632	  	EUR
Average price / share         11,07    		EUR
Highest price / share         11,12    		EUR
Lowest price / share          11,02    		EUR


Stora Enso Oyj holds 7 100 A-shares and 23 016 608 R-shares including the amount repurchased 1.12.2003.


On behalf of Stora Enso Oyj


Alfred Berg Finland Oyj Abp

Timo Nousiainen		Ari Kiuru




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