Stora Enso finalises the divestment of Pankakoski Mill
STORA ENSO OYJ Stock Exchange Release 31 July 2006 at 15.45
Stora Enso finalises the divestment of Pankakoski Mill Stora Enso has finalised the divestment of the Pankakoski Mill in Finland to an international group of investors led by Dr Dermot Smurfit and including Lansdowne Capital Limited according to the previous announcement from 21 July 2006. Pankakoski Board Mill was divested as part of Stora Ensos Asset Performance Review (APR), which aims to secure a competitive European production base. For further information, please contact: Hannu Ryöppönen, CFO, tel. +358 2046 21450 Kari Vainio, EVP, Corporate Communications, tel. +44 7799 348 197 Keith B Russell, SVP, Investor Relations, tel. +44 7775 788 659 Ohto Nuottamo, SVP, Carton Boards, tel. +358 40 570 1573 www.storaenso.com www.storaenso.com/investors Previous press releases concerning Pankakoski Mill and the APR available at www.storaenso.com/press - 27 October 2005: Stora Enso creates platform for stronger financial performance - 21 July 2006: Stora Enso sells its Pankakoski Mill to a group of private investors - 26 July 2006: Stora Ensos Profit 2007 programme ahead of schedule STORA ENSO OYJ p.p. Jukka Marttila Leena Bergqvist