Stora Enso responds to article in Finnish newspaper
STORA ENSO OYJ Stock Exchange Release 31 August 2006 at 18.15
Stora Enso responds to article in Finnish newspaper An article was published today in the Finnish business newspaper Kauppalehti, in which Stora Ensos Region Manager North America was interviewed about the Groups operations in North America. Stora Enso merged its North American division into its global product divisions with effect from 1 September 2005, so the Group has ceased reporting its North American results separately. Comments or estimates about separate North American results are therefore inapplicable. As announced in the Interim Review for JanuaryJune 2006, the financial results for Stora Enso Publication Paper are affected by the standstill at Port Hawkesbury Mill in Canada since December 2005. The financial targets of the Groups ongoing Profit 2007 profit improvement programme in Europe and North America already take into account the profit improvement measures of the global product divisions. For further information, please contact: Hannu Ryöppönen, CFO, tel. +44 20 7016 3114 Kari Vainio, EVP, Corporate Communications, tel. +44 7799 348 197 Keith B Russell, SVP, Investor Relations, tel. +44 7775 788 659 www.storaenso.com www.storaenso.com/investors STORA ENSO OYJ p.p. Leena Bergqvist Minna Taukojärvi