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SHARE REPURCHASE 20.5.2003

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STORA ENSO OYJ               ANNOUNCEMENT 20.5.2003


SHARE REPURCHASE 20.5.2003


Trade date                    20.5.2003
Bourse Trade                  BUY
Share                         STERV
Amount                        1 060 000		shares  
Total cost                    9 637 990  	EUR
Average price / share         9,09    		EUR
Highest price / share         9,17    		EUR
Lowest price / share          9,01    		EUR


Stora Enso Oyj holds 1 000 A-shares and 12 652 320 R-shares including the amount repurchased 20.5.2003.


On behalf of Stora Enso Oyj


Alfred Berg Finland Oyj Abp

Marco Granskog		Ari Kiuru

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