STORA ENSO OYJ SHARE REPURCHASE

        STORA ENSO OYJ                    ANNOUNCEMENT
                                          18.06.2004


        STORA ENSO OYJ SHARE REPURCHASE


        Trade date       		18.06.2004
        Bourse trade          		BUY

       

        Share                    	    STERV
        Amount                   	  180 000   shares
        Average price/share          	  10,7436   EUR
        Highest price/share                 10,75   EUR
        Lowest price/share                  10,72   EUR
        Total cost                      1 933 848   EUR
        
        After repurchases 16.06.2004 the company holds

        STEAV                   	  9 700
        STERV              	      8 948 047
       


        On behalf of Stora Enso Oyj

        CAI Cheuvreux Nordic AB


        Patrik Björk	




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