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SHARE REPURCHASE 7.8.2003

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STORA ENSO OYJ               ANNOUNCEMENT 7.8.2003


SHARE REPURCHASE 7.8.2003


Trade date                    7.8.2003
Bourse Trade                  BUY
Share                         STEAV
Amount                        1 700		shares  
Total cost                    18 275	  	EUR
Average price / share         10,75    		EUR
Highest price / share         10,75    		EUR
Lowest price / share          10,75    		EUR

Trade date                    7.8.2003
Bourse Trade                  BUY
Share                         STERV
Amount                        198 300		shares  
Total cost                    2 115 413  	EUR
Average price / share         10,67    		EUR
Highest price / share         10,75    		EUR
Lowest price / share          10,58    		EUR


Stora Enso Oyj holds 5 000 A-shares and 19 720 220 R-shares including the amount repurchased 7.8.2003.


On behalf of Stora Enso Oyj


Alfred Berg Finland Oyj Abp

Marco Granskog		Ari Kiuru

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