Stora Enso intends to delist from the New York Stock Exchange and to deregister and terminate its U.S. reporting obligations under the Securities Exchange Act of 1934

Stora Enso Oyj intends to delist its American Depositary Receipts (ADRs), each
representing one Stora Enso Series R ordinary share, from the New York Stock
Exchange (NYSE) in the USA. This delisting will be followed by the filing of
Form 15F with the U.S. Securities and Exchange Commission (SEC) to deregister
and terminate its reporting obligations under the Securities Exchange Act of
1934 (Exchange Act). 

The delisting is expected to take effect by the end of December 2007. However,
Stora Enso plans to maintain a sponsored Level I ADR facility, and following
delisting from the NYSE, Stora Enso's ADRs will be traded on the International
OTCQX - a premium market tier that distinguishes leading international
companies from other securities traded over-the-counter. The disclosure
requirements associated with the International OTCQX are in line with Stora
Enso's focus on providing high levels of reporting and corporate governance
transparency, as well as its intention to continue to develop relationships
with US-based investors. Stora Enso's ordinary shares will continue to trade on
the OMX Nordic Exchanges in Helsinki and Stockholm. Stora Enso will continue to
comply with the rules of the OMX Nordic Exchange and Finnish financial and
other ongoing reporting requirements that are relevant for Stora Enso. 

“This decision is consistent with our strategy of focusing and simplifying our
operations, and it reduces costs and complexity. We are committed to continuous
improvement in further developing our risk management, internal control and
compliance processes, whereby the positive elements from the Sarbanes-Oxley Act
will continue to form part of Stora Enso's approach to governance, internal
control, reporting and disclosure,” said Hannu Ryöppönen, Deputy CEO and CFO of
Stora Enso. 

“Financial markets in recent years have been globalising significantly, and the
euro zone provides liquid and well-functioning capital markets. Listing our
ADRs on the NYSE has lost some of its attractiveness, even though the investor
base and US capital market as such will remain very important and valuable to
us in the future.” 

"Trading in Stora Enso shares has become concentrated in the OMX Nordic
Exchange Helsinki, where international investors benefit from a
well-functioning market with good trading liquidity. Also, as trading on the
NYSE accounted for less than 5% of the worldwide average daily trading volume
in our shares in the past year, it is no longer relevant from a cost and
administrative perspective to submit to the reporting obligations under the
Exchange Act.” 

Stora Enso intends to file Form 15F with the SEC in January 2008 to deregister
and terminate its reporting obligations under the Exchange Act. By law, upon
filing Form 15F Stora Enso's reporting obligations under the Exchange Act are
immediately suspended and the deregistration becomes effective 90 days later
unless Form 15F is withdrawn by Stora Enso before then or the SEC delays the
deregistration process. Stora Enso reserves the right to postpone the filing of
the Form 15F or withdraw Form 15F for any reason prior to its effectiveness. 

Stora Enso will continue to publish its Annual Report and Accounts and other
documents and communications in accordance with Exchange Act Rule 12g3-2(b) in
English on its website www.storaenso.com. 

Stora Enso has not arranged for the listing of its ADRs or ordinary shares on
another national securities exchange in the USA. 

For further information, please contact:
Hannu Ryöppönen, Deputy CEO and CFO, tel. +358 2046 21450
Kari Vainio, EVP, Corporate Communications, tel. +44 7799 348 197
Keith B. Russell, SVP, Investor Relations, tel. +44 7775 788659
Ulla Paajanen-Sainio, Vice President, Investor Relations and Financial
Communications, 
tel. +358 40 763 8767

www.storaenso.com
www.storaenso.com/investors



Stora Enso Oyj


p.p. 	Leena Bergqvist	Jussi Siitonen