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SHARE REPURCHASE 22.5.2003

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STORA ENSO OYJ               ANNOUNCEMENT 22.5.2003


SHARE REPURCHASE 22.5.2003


Trade date                    22.5.2003
Bourse Trade                  BUY
Share                         STERV
Amount                        550 000		shares  
Total cost                    5 038 368  	EUR
Average price / share         9,16    		EUR
Highest price / share         9,20    		EUR
Lowest price / share          9,05    		EUR


Stora Enso Oyj holds 1 000 A-shares and 14 502 220 R-shares including the amount repurchased 22.5.2003.


On behalf of Stora Enso Oyj


Alfred Berg Finland Oyj Abp

Marco Granskog		Ari Kiuru

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