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SHARE REPURCHASE 16.5.2003

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STORA ENSO OYJ               ANNOUNCEMENT 16.5.2003


SHARE REPURCHASE 16.5.2003


Trade date                    16.5.2003
Bourse Trade                  BUY
Share                         STERV
Amount                        705 000		shares  
Total cost                    6 583 926  	EUR
Average price / share         9,34    		EUR
Highest price / share         9,45    		EUR
Lowest price / share          9,21    		EUR


Stora Enso Oyj holds 1 000 A-shares and 10 292 320 R-shares including the amount repurchased 16.5.2003.


On behalf of Stora Enso Oyj


Alfred Berg Finland Oyj Abp

Marco Granskog		Ari Kiuru

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