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SHARE REPURCHASE 12.5.2003

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STORA ENSO OYJ               ANNOUNCEMENT 12.5.2003


SHARE REPURCHASE 12.5.2003


Trade date                    12.5.2003
Bourse Trade                  BUY
Share                         STERV
Amount                        200 000 		shares  
Total cost                    1 919 054  	EUR
Average price / share         9,60    		EUR
Highest price / share         9,78    		EUR
Lowest price / share          9,50    		EUR


Stora Enso Oyj holds 0 A-shares and 8 140 520 R-shares including the amount repurchased 12.5.2003.


On behalf of Stora Enso Oyj


Alfred Berg Finland Oyj Abp

Marco Granskog		Ari Kiuru

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