Stora Enso’s Board proposals to the Annual General Meeting

STORA ENSO OYJ  Stock Exchange Release 7 February 2007 at 11.00


Stora Enso’s Board proposals to the Annual General Meeting

Stora Enso’s Board has in its meeting decided that the Annual 
General Meeting (AGM) will be held in Helsinki on Thursday 29 
March 2007. The Board has proposed the following:

Matters to be resolved by the AGM pursuant to Article 14 of the 
Articles of Association of the Company
Adoption of the financial statement of the parent company and the 
consolidated financial statement

Disposal of the profit of the year and distribution of dividend
The Board of Directors has decided to propose to the AGM that the 
Company distributes a dividend of EUR 0.45 per share for the year 
2006.

Payment of dividend
The dividend shall be paid to shareholders that on the dividend 
record date are registered in the register of shareholders 
maintained by the Finnish Central Securities Depository or in the 
separate register of shareholders maintained by VPC for VPC-
registered shares. Dividends payable for VPC-registered shares 
will be forwarded by VPC and paid in Swedish krona. Dividends 
payable to ADR holders will be forwarded by Deutsche Bank Trust 
Company Americas and paid in US dollars.

The Board of Directors has determined that the dividend record 
date shall be 3 April 2007. The Board of Directors proposes to the 
AGM that the dividend payment be issued by the Company on 17 April 
2007.

Resolution concerning discharge of the members of the Board of 
Directors and the Managing Director from liability

Number of members of the Board of Directors
The Nomination Committee proposes to the AGM that the Board of 
Directors shall have nine (9) members.

Number of Auditors
Shareholders representing more than 50% of the votes in the 
Company have confirmed that they will propose to the AGM that the 
number of auditors be one (1).

Remuneration of the members of the Board of Directors
The Nomination Committee proposes to the AGM that the annual 
remuneration for the members of the Board of Directors be as 
follows:

Chairman		EUR 135 000
Deputy Chairman	EUR   85 000
Members		EUR   60 000
 
In addition, annual remuneration shall be paid to members of the 
Board Committees as follows:
Financial and Audit Committee
Chairman		EUR 20 000
Member		EUR 14 000

Compensation Committee
Chairman		EUR 10 000
Member		EUR   6 000

Remuneration for the auditors
Shareholders representing more than 50% of the votes in the 
Company have confirmed that they will propose to the AGM that 
remuneration for the auditors be paid according to invoice until 
the end of the following AGM.

Election of the members of the Board of Directors
The Nomination Committee proposes to the AGM that the present 
Board members Gunnar Brock, Lee A. Chaden, Claes Dahlbäck, 
Dominique Hériard Dubreuil, Birgitta Kantola, Ilkka Niemi, Jan 
Sjöqvist, Matti Vuoria and Marcus Wallenberg be re-elected to 
continue in their office to serve until the end of the following 
AGM.

Election of Auditors
Shareholders representing more than 50% of the votes in the 
Company have confirmed that they will propose to the AGM that 
Authorised Public Accountants PricewaterhouseCoopers Oy be elected 
to act as auditor of the Company until the end of the following 
AGM.

Other Matters
Appointment of Nomination Committee
The Nomination Committee proposes that the AGM appoint a 
Nomination Committee to prepare proposals concerning (a) the 
number of members of the Board of Directors, (b) the members of 
the Board of Directors, (c) the remuneration for the Chairman, 
Vice Chairman and members of the Board of Directors and (d) the 
remuneration for the Chairman and members of the committees of the 
Board of Directors. The Nomination Committee shall consist of four 
members:
-	the Chairman of the Board of Directors
-	the Vice Chairman of the Board of Directors 
-	two members appointed by the two largest shareholders (one 
each) according to the register of shareholders on 1 October 
2007.

The Chairman of the Board of Directors shall convene the 
Nomination Committee and before 31 January 2008 the Nomination 
Committee shall present its proposals for the AGM to be held in 
2008. The member of the Board of Directors may not be appointed as 
Chairman of the Nomination Committee. Annual remuneration of EUR 3 
000 shall be paid to a member of the Nomination Committee who is 
not a member of the Board of Directors.

Proposal by the shareholders Matti Liimatainen, Annina Käppi and 
Matti Ikonen
Shareholders Liimatainen, Käppi and Ikonen propose that Stora Enso 
Oyj no longer procure from the Finnish state enterprise 
Metsähallitus any wood from forest areas in the Lapp people’s 
native locality in Inari designated as especially valuable for 
reindeer herding as reindeer grazing forest areas, and from the 
virgin forests areas in Sodankylä, Kittilä, Salla and Savukoski 
highlighted in the report on unprotected wilderness forests in 
forest Lapland by environmental organisations.

For further information, please contact:
Jyrki Kurkinen, General Counsel, tel. +358 2046 21217
Johan Feldreich, Deputy General Counsel, tel. +46 70 663 4901

www.storaenso.com
www.storaenso.com/investors

The Annual General Meeting (AGM) will be held on Thursday 29 March 
2007 at 4 p.m. Finnish time at Marina Congress Center, 
Katajanokanlaituri 6, Helsinki, Finland. The AGM will be conducted 
in the Finnish language. In the meeting room simultaneous 
translation will be available into the Swedish, English and, when 
relevant, Finnish languages.

Documents for the AGM
The financial statements for 2006 as well as other relevant 
documents related to the matters to be dealt with at the AGM may 
be viewed on the Company’s website at www.storaenso.com/investors
at the latest from 22 March 2007. Copies of the documents will be 
sent to shareholders upon request. The Annual Report may be viewed 
at www.storaenso.com/investors from 14 March 2007.

Right of attendance
Entitled to attend and vote at the AGM are those shareholders that 
on the record date,  
19 March 2007, are registered as shareholders in Stora Enso’s 
shareholder register. The register is maintained by the Finnish 
Central Securities Depository. Nominee-registered shares must be 
temporarily registered in the shareholder register as described 
below.

Notice of attendance
All shareholders that intend to attend the AGM must submit a 
notice of attendance to the head office of the Company in one of 
the following manners:
by telephone		+358 2046 21245
		+358 2046 21224
		+358 2046 21210
		+358 2046 21327
by fax		+358 2046 21359
by letter		Stora Enso Oyj, Legal Department, P.O. Box 309, 
FI-00101 Helsinki
through the Internet	www.storaenso.com/agm

Notice must be submitted on or before Friday 23 March 2007 at 12 
a.m. Finnish time.
Temporary registration made through VPC is regarded as a notice of 
attendance.

Proxies
Shareholders wishing to attend and vote at the AGM through a proxy 
shall submit their power of attorney to the Company when giving 
notice of attendance in the manner set out above.

Temporary registration in the shareholder register
Shares registered in VPC
Shareholders whose shares are registered in the register of 
shareholders maintained by VPC and who intend to attend and vote 
at the AGM must contact VPC and request temporary registration in 
Stora Enso’s shareholder register. Such request shall be submitted 
in writing to VPC before Monday 19 March 2007 at 3 p.m. Swedish 
time.

Temporary registration made through VPC is regarded as a notice of 
attendance.

ADR holders
ADR holders intending to vote at the AGM shall notify the 
depositary bank, Deutsche Bank Trust Company Americas, of their 
intention and shall comply with the instructions provided by 
Deutsche Bank Trust Company Americas to each ADR holder.

Other nominee-registered shares
Holders of nominee-registered shares intending to attend and vote 
at the AGM shall notify their nominee of their intention and shall 
comply with the instructions provided by the nominee.


STORA ENSO OYJ



	Jyrki Kurkinen		Ulla Paajanen-Sainio
		

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