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Stora Enso shares converted and North American stock options exercised

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During the 1-31 August 2007 conversion period there was one conversion and a    
total of 3 400 A shares were converted into R shares. The shares were recorded  
in the Finnish trade register today, 14 September 2007, and trading in the new  
R shares will start on 17 September 2007.                                       
                                                                                 

Breakdown of shares after conversion:                                           
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| A shares                           |                             177 814 410 |
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| R shares                           |                             611 724 089 |
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| Total                              |                             789 538 499 |
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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 August 2007 a total of 173 R shares were subscribed  
against North American stock options. These R shares were previously held by the
Company.                                                                        

After the subscription the Company holds:                                       
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| A shares                           |                                       - |
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| R shares                           |                                 935 786 |
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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. 	Minna Taukojärvi		Jukka Marttila

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