Stora Enso's converted shares recorded i

STORA ENSO OYJ  Stock Exchange Announcement 15 October 2003 at 11.00

Stora Enso's converted shares recorded in Finnish trade register

During the 30 August–30 September 2003 conversion period there 
were two conversions and a total of 502 923 series A shares were 
converted into R shares. The shares were recorded in the Finnish 
trade register today, 15 October 2003, and trading in the new 
R shares will start on 16 October 2003.

Breakdown of shares after conversion:

A shares	181 646 403
R shares	682 541 096
Total		864 187 499

For further information, please contact:
Ulla Paajanen-Sainio, Vice President, Investor Relations and 
Financial Communications, tel. +358 2046 21242


p.p.	Jussi Siitonen		Jukka Marttila