SHARE REPURCHASE 12.06.2003

STORA ENSO OYJ               ANNOUNCEMENT 12.06.2003

SHARE REPURCHASE 12.06.2003



Trade date                    12.06.2003
Bourse Trade                  BUY
Share                         STERV	
Amount                        200,000		shares  
Total cost                    1,954,400		EUR
Average price / share         9.772    		EUR
Highest price / share         9.80  		EUR
Lowest price / share          9.70		EUR


Stora Enso Oyj holds 3,300 A-shares and 17,749,820 R-shares including the amount repurchased 12.06.2003.


On behalf of Stora Enso Oyj

UBS Warburg, Stockholm

Hans Sternby 		David Nee


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