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PKV: STORA ENSO OYJ REDEEMS ITS SHARES

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HELSINKI EXCHANGES                  TRADING NEWS PKV75/2003
Securities Trading                  31 March 2003


STORA ENSO OYJ REDEEMS ITS SHARES

The shares of Stora Enso Oyj have been redeemed by
93 800 A shares and 35 500 000 R shares.
Decrease in the share capital has been entered into the
Trade Register 31 March 2003.

Identifiers of Stora Enso Oyj's A share as of 1 April
2003:

Trading code:                       STEAV
ISIN code:                          FI0009005953
Number of shares:                   182 222 885

Identifiers of Stora Enso Oyj's R share as of 1 April
2003:

Trading code:                       STERV
ISIN code:                          FI0009005961
Number of shares:                   681 964 614

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