SHARE REPURCHASE 16.1.2004

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STORA ENSO OYJ               ANNOUNCEMENT 16.1.2004

SHARE REPURCHASE 16.1.2004


Trade date                    16.1.2004
Bourse Trade                  BUY
Share                         STERV
Amount                        63 000		shares  
Total cost                    683 550	  	EUR
Average price / share         10,85    		EUR
Highest price / share         10,85    		EUR
Lowest price / share          10,85    		EUR


Stora Enso Oyj holds 8 100 A-shares and 29 103 579 R-shares including the amount repurchased 16.1.2004.


On behalf of Stora Enso Oyj


Alfred Berg Finland Oyj Abp

Timo Nousiainen		Ari Kiuru



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