Stora Enso shares converted and North American stock options exercised

STORA ENSO OYJ Stock Exchange Announcement 17 October at 14.00

Stora Enso shares converted and North American stock options 
exercised


During the 1 – 30 September 2005 conversion period there was one 
conversion and a total of 10 000 A shares were converted into 
R shares. The shares were recorded in the Finnish trade register 
today, 17 October 2005, and trading in the new R shares will 
start on 18 October 2005.

Breakdown of shares after conversion:

A shares        178 161 841
R shares        634 815 258
Total           812 977 099


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 
September 2005 a total of 869 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	38 600
R shares	24 376 911



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


STORA ENSO OYJ



p.p.	Jukka Marttila		Veli-Matti Tahvanainen
                                                        

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