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SHARE REPURCHASE 27.5.2004

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STORA ENSO OYJ               ANNOUNCEMENT 27.5.2004


SHARE REPURCHASE 27.5.2004

Trade date                    27.5.2004
Bourse Trade                  BUY
Share                         STEAV
Amount                        1 500		shares  
Total cost                    15 550	  	EUR
Average price / share         10,37    		EUR
Highest price / share         10,40    		EUR
Lowest price / share          10,30    		EUR


Trade date                    27.5.2004
Bourse Trade                  BUY
Share                         STERV
Amount                        700 000		shares  
Total cost                    7 264 563  	EUR
Average price / share         10,38    		EUR
Highest price / share         10,45    		EUR
Lowest price / share          10,28    		EUR


Stora Enso Oyj holds 4 800 A-shares and 6 926 247 R-shares including the amount repurchased 27.5.2004.


On behalf of Stora Enso Oyj


Alfred Berg Finland Oyj Abp

Timo Nousiainen		Ari Kiuru

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