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*CONVERSION OF A SHARE INTO R SHARE: STO

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HEX HELSINKI     SECURITIES EXCHANGE   RELEASE 153/2004
                 SHARES                15 April 2004


CONVERSION OF A SHARE INTO R SHARE: STORA ENSO OYJ

A total of 1 036 667 converted A shares of Stora Enso Oyj
into R shares will be traded together with the R shares
of Stora Enso Oyj as of 16 April 2004.

Identifiers of Stora Enso Oyj's A and R share:

Trading code:                        STEAV
ISIN code:                           FI0009005953
Number of shares:                    180 128 066


Trading code:                        STERV
ISIN code:                           FI0009005961
Number of shares:                    657 115 333


HELSINKI EXCHANGES
Mikko Timonen

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