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SHARE REPURCHASE 03.06.2003

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STORA ENSO OYJ               ANNOUNCEMENT 03.06.2003


SHARE REPURCHASE 03.06.2003



Trade date                    03.06.2003
Bourse Trade                  BUY
Share                         STERV	
Amount                        89,300		shares  
Total cost                    827,721		EUR
Average price / share         9.269    		EUR
Highest price / share         9.30   		EUR
Lowest price / share          9.24  		EUR


Stora Enso Oyj holds 3,300 A-shares and 17,433,420 R-shares including the amount repurchased 03.06.2003.


On behalf of Stora Enso Oyj

UBS Warburg, Stockholm

Hans Sternby 		David Nee

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