SHARE REPURCHASE 18.5.2004

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STORA ENSO OYJ               ANNOUNCEMENT 18.5.2004

SHARE REPURCHASE 18.5.2004


Trade date                    18.5.2004
Bourse Trade                  BUY
Share                         STERV
Amount                        309 700		shares  
Total cost                    3 299 220	  	EUR
Average price / share         10,65    		EUR
Highest price / share         10,71    		EUR
Lowest price / share          10,59    		EUR


Trade date                    18.5.2004
Bourse Trade                  BUY
Share                         STEAV
Amount                        1 800		shares  
Total cost                    19 210	  	EUR
Average price / share         10,67    		EUR
Highest price / share         10,70    		EUR
Lowest price / share          10,65    		EUR


Stora Enso Oyj holds 2 300 A-shares and 4 059 547 R-shares including the amount repurchased 18.5.2004.


On behalf of Stora Enso Oyj


Alfred Berg Finland Oyj Abp

Timo Nousiainen		Ari Kiuru



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