HSE: STORA ENSO OYJ: CONVERSION OF A SHARE INTO R SHARE

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EXCHANGE NOTICE 508/2004, 15 December 2004  SHARES

STORA ENSO OYJ: CONVERSION OF A SHARE INTO R SHARE

A total of 8 654 A shares converted into R shares of will
be traded together with the R shares of Stora Enso Oyj as
of 16 December 2004.

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

Trading code:                        STEAV
ISIN code:                           FI0009005953
Orderbook id:                        24359
Number of shares:                    179 048 523


Trading code:                        STERV
ISIN code:                           FI0009005961
Orderbook id:                        24360
Number of shares:                    658 194 876


HELSINKI STOCK EXCHANGE
Janne Seppänen
Vice President Surveillance Finland

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