Notice of shareholding changes in accordance with Chapter 2, section 10 of the Finnish Securities Markets Act

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Stora Enso Oyj was informed on 21 November 2007 that the shares in the Company  
held by the Knut and Alice Wallenberg Foundation and the Marianne and Marcus    
Wallenberg Foundation has been transferred to Foundation Asset Management (FAM) 
on 19 November 2007.                                                            

With reference to Chapter 2, paragraph 10 of the Finnish Securities Markets Act,
Stora Enso Oyj is reporting that as of 20 November the shareholding of          
Foundation Asset Management (FAM) is as follows:                                

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| Foundation Asset Management  |      Number of |    % of share |   % of votes |
| (FAM)                        |         shares |       capital |              |
--------------------------------------------------------------------------------
| A shares                     |     63 123 386 |           8.0 |         26.4 |
--------------------------------------------------------------------------------
| R shares                     |      4 500 000 |           0.6 |          0.2 |
--------------------------------------------------------------------------------
| Total                        |     67 623 386 |           8.6 |         26.6 |
--------------------------------------------------------------------------------

The holding of Foundation Asset Management (FAM) has been calculated according  
to the share capital registered on 19 November 2007.                            


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


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

Stora Enso Oyj                                                                  


pp.	Jussi Siitonen		Minna Taukojärvi

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