Stora Enso?s converted shares recorded in Finnish trade register

STORA ENSO OYJ Stock Exchange Announcement 15 October 2004 at 11.00

Stora Enso’s converted shares recorded in Finnish trade register

During the 1–30 September 2004 conversion period there were 2 
conversions and a total of 2 517 series A shares were converted 
into R shares. The shares were recorded in the Finnish trade 
register today, 15 October 2004, and trading in the new R shares 
will start on 18 October 2004.

Breakdown of shares after conversion:

A shares   179 057 677
R shares   658 185 722
Total      837 243 399


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


STORA ENSO OYJ




Jyrki Kurkinen   Ulla Paajanen-Sainio



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