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Stora Enso shares converted and North American stock options exercised

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STORA ENSO OYJ Stock Exchange Announcement 15 June 2005 at 12.00


Stora Enso shares converted and North American stock options 
exercised


During the 30 April–31 May 2005 conversion period there was one 
conversion and a total of 704 A shares were converted into 
R shares. The shares were recorded in the Finnish trade register 
today, 15 June 2005, and trading in the new R shares will start 
on 16 June 2005.

Breakdown of shares after conversion:
A shares
178 618 796
R shares
634 358 303
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 May 2005 
a total of 5 819 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
26 700
R shares
19 937 084



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


p.p. 	Anu Vesmanen	Jukka Marttila

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