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Stora Enso's and Arauco's joint-venture company Montes del Plata chooses Punta Pereira as location for pulp mill feasibility study in Uruguay

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STORA ENSO OYJ STOCK EXCHANGE RELEASE 4 February 2010 at 06.57 GMT              

Stora Enso's and Arauco's joint-venture company in Uruguay, Montes del Plata,   
has decided to initiate a feasibility study on Punta Pereira as the site for a  
possible future pulp mill. Punta Pereira was also the site chosen for Spanish   
pulp maker ENCE's planned pulp mill. Stora Enso and Arauco acquired the majority
of ENCE's operations in Uruguay in October 2009.                                

Studies prepared by Montes del Plata show that Punta Pereira, in the Department 
of Colonia, is a promising location for the possible pulp mill and therefore    
more detailed economic, technical, environmental and social studies are         
justified. Punta Pereira also offers flexibility in terms of planning of a      
long-term investment.                                                           

“We have come out with a decision which is based on our preliminary economic,   
operational and environmental findings. The identification of Punta Pereira will
allow us to proceed to the next phase - a detailed feasibility study,” says     
Stora Enso CEO Jouko Karvinen.                                                  

The final decision on construction of the new pulp mill will be taken by the    
Boards of Directors of Stora Enso, Arauco and Montes del Plata once the         
feasibility study is completed.                                                 

For further information, please contact:                                        
Jouko Karvinen, CEO, tel. +358 2046 21410                                       
Nils Grafström, President, Stora Enso Latin America, tel. +55 1181 759 283      
Lauri Peltola, Head of Group Communications, tel. +358 2046 21380               

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 listed in the Dow Jones Sustainability Index and
the FTSE4Good 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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