STORA ENSO OYJ SHARE REPURCHASE

        STORA ENSO OYJ                    ANNOUNCEMENT
                                          16.06.2004


        STORA ENSO OYJ SHARE REPURCHASE


        Trade date       		16.06.2004
        Bourse trade          		BUY

       

        Share                    	    STERV
        Amount                   	  431 200   shares
        Average price/share          	    10,73   EUR
        Highest price/share                 10,79   EUR
        Lowest price/share                  10,65   EUR
        Total cost                      4 625 784   EUR
        
        After repurchases 16.06.2004 the company holds

        STEAV                   	  9 500
        STERV              	      8 638 347
       


        On behalf of Stora Enso Oyj

        CAI Cheuvreux Nordic AB


        Patrik Björk	




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