Stora Enso shares converted and North American stock options exercised
During the 1-30 November 2007 conversion period there were two conversions and
a total of 11 202 A shares were converted into R shares. The shares were
recorded in the Finnish trade register today, 14 December 2007, and trading in
the new R shares will start on 17 December 2007.
Breakdown of shares after conversion:
A shares 177 479 033
R shares 612 059 466
Total 789 538 499
Stora Enso North America Option Programme
Following the acquisition of Consolidated Papers, Inc. the Board of Directors
decided to convert the Consolidated Papers' share option plans into Stora Enso
share option plans. During November 2007 a total of 4 352 R shares were
subscribed against North American stock options. These R shares were previously
held by the Company.
After the subscription the Company holds:
A shares -
R shares 926 906
For further information, please contact:
Ulla Paajanen-Sainio, Vice President, Investor Relations and Financial
Communications,
tel. +358 2046 21242
www.storaenso.com
www.storaenso.com/investors
STORA ENSO OYJ
p.p. Jussi Siitonen Jukka Marttila