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Stora Enso fined EUR 30 million for collaboration and exchange of information with other forest products companies concerning prices for purchasing roundwood in Finland from 1997 to 2004

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STORA ENSO OYJ STOCK EXCHANGE RELEASE 3 December 2009 at 13.21 GMT              

Stora Enso has been ordered to pay a EUR 30 million penalty for collaboration   
and exchange of information with other forest products companies concerning     
prices for purchasing roundwood in Finland from 1997 to 2004. In its ruling     
issued today, the Finnish Market Court found that Stora Enso, UPM-Kymmene and   
Metsäliitto Cooperative had infringed the Act on Competition Restrictions by    
exchanging detailed information. Although the companies had not been proved to  
have agreed prices for purchasing roundwood, the Market Court regarded the      
collaboration as intended to stabilise roundwood prices. In the opinion of the  
Market Court, no specification of the economic benefit of the infringement of   
competition restrictions had been presented. Initially, the Competition         
Authority had proposed in 2006 that a EUR 30 million penalty payment be imposed 
on Stora Enso.                                                                  

Stora Enso will examine the ruling and then decide whether to appeal to the     
Supreme Administrative Court.                                                   

No provision has been made in Stora Enso's accounts for this matter. Stora Enso 
will record a EUR 30 million negative non-recurring item related to it in its   
fourth quarter 2009 results.                                                    

For further information for media, please contact:                              
Lauri Peltola, Head of Group Communications, tel. +358 2046 21380               
Erkki Autio, Legal Counsel, Finland, tel. +358 2046 21298                       

For further information for analysts and investors, please contact:             
Ulla Paajanen-Sainio, Head of Investor Relations, tel. +358 2046 21242          

www.storaenso.com                                                               
www.storaenso.com/investors                                                     

Stora Enso is the world leader in forest industry sustainability. We offer our  
customers solutions based on renewable raw materials. Our products provide a    
climate-friendly alternative to many non-renewable materials, and have a smaller
carbon footprint. Stora Enso is included in the Global 100 list of the world's  
most sustainable companies. Stora Enso is also listed in the Dow Jones          
Sustainability Index, the FTSE4Good Index, and the Climate Disclosure Leadership
Index. Stora Enso employs 29 000 people worldwide, and our sales in 2008        
amounted to EUR 11.0 billion. Stora Enso shares are listed on NASDAQ OMX        
Helsinki (STEAV, STERV) and Stockholm (STE A, STE R). In addition, the shares   
are traded in the USA as ADRs (SEOAY) in the International OTCQX                
over-the-counter market.                                                        


STORA ENSO OYJ                                                                  

Jari Suvanto			Ulla Paajanen-Sainio

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