Stora Enso to centralise the use of recovered fibre-based packaging in Finland at Pori

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Closure of recycling plant at Varkaus and core plant at Pori planned - temporary
newsprint layoff plan at Varkaus                                                
Stora Enso is planning to centralise the use of recovered fibre-based packaging 
in Finland at the Corenso Pori coreboard mill. A recycling plant investment at  
the Pori coreboard mill will enable all the used packaging collected from       
households in Finland to be utilised at Pori. This includes used beverage       
cartons collected in Finland. Permanent closure of the recycling plant at       
Varkaus at the end of the third quarter of 2010 is planned. The Ecogas          
gasification plant associated with the Varkaus recycling plant will continue to 
operate. The Varkaus recycling plant employs 15 people.                         

As a part of the restructuring, Stora Enso's wholly-owned subsidiary Corenso    
also plans to centralise core production in Finland at Loviisa and Imatra, and  
permanently close down the core plant at Pori in the third quarter of 2010.     
Demand for cores has drastically decreased in Finland in recent years due to    
paper machine shutdowns and production curtailments. The Pori core plant employs
15 people.                                                                      

“Recycling recovered fibre-based packaging at the same site as a board machine  
using the material is logistically efficient and reduces costs significantly.   
The plan to centralise core production at Loviisa and Imatra would also yield   
significant cost savings and improve Corenso's operating conditions in difficult
and uncertain markets,” says Sampo Antti, head of the Corenso business unit,    
explaining the plans.                                                           

There are no major financial provisions related to these measures.              

Varkaus newsprint production curtailed until further notice                     
Stora Enso plans to curtail newsprint production on Varkaus paper machine 2 (PM 
2) with temporary lay-offs until further notice due to weak market conditions.  
As a part of the plan, newsprint production at Varkaus would be concentrated on 
PM 4, improving its operating rates. The total number of employees affected by  
the co-determination negotiations concerning temporary lay-offs is around 90.   

The plans are subject to co-determination negotiations with the employee        
representatives. Any decision on closures and other measures will be taken later
when the co-determination negotiations concerning the units have been undertaken
and concluded as required.                                                      


For further information, please contact:                                        
Concerning Varkaus newsprint production curtailment: Reino Panula, Varkaus Mill 
Manager, tel. +358 2046 32740                                                   
Concerning Corenso: Sampo Antti, Senior Vice President, Corenso Business Unit,  
tel. +358 40 589 2409                                                           
Päivi Kauhanen, Director, Communications in Finland, tel. +358 2046 21292       

www.storaenso.com                                                               
www.storaenso.com/investors                                                     

Corenso is one of the leading core and coreboard producers worldwide. Corenso   
has 18 production plants in Europe, China and North America. Corenso's main     
products are advanced cores for different end uses and high quality coreboard.  
Corenso is also a significant recycler of packaging materials. Corenso is number
two in Europe and number three worldwide in its line of business. Stora Enso's  
Corenso cores and coreboard business unit is part of its Packaging business     
area.                                                                           
                                                                                
Stora Enso is the world leader in forest industry sustainability. We offer our  
customers solutions based on renewable raw materials. Our products provide a    
climate-friendly alternative to many non-renewable materials, and have a smaller
carbon footprint. Stora Enso is listed in the Dow Jones Sustainability Index and
the FTSE4Good Index. Stora Enso employs some 27 000 people worldwide, and our   
sales in 2009 amounted to EUR 8.9 billion. Stora Enso shares are listed on      
NASDAQ OMX Helsinki (STEAV, STERV) and Stockholm (STE A, STE R). In addition,   
the shares are traded in the USA as ADRs (SEOAY) in the International OTCQX     
over-the-counter market.

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