STORA ENSO OYJ SHARE REPURCHASE

        STORA ENSO OYJ        ANNOUNCEMENT
                                          14.06.2004


        STORA ENSO OYJ SHARE REPURCHASE


        Trade date                14.06.2004
        Bourse trade              BUY

        Share                          STEAV
        Amount                         1 000
        Average price/share            10,66   EUR
        Highest price/share            10,66   EUR
        Lowest price/share             10,66   EUR
        Total cost                     1 066   EUR


        Share                          STERV
        Amount                       104 300
        Average price/share            10,77   EUR
        Highest price/share            10,78   EUR
        Lowest price/share             10,74   EUR
        Total cost                 1 123 666   EUR
        
        After repurchases 14.06.2004 the company holds

        STEAV                  9 500
        STERV              8 207 147
       


        On behalf of Stora Enso Oyj

        CAI Cheuvreux Nordic AB


        Patrik Björk		




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