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*STORA ENSO OYJ: CONVERSION OF A SHARE I

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HEX HELSINKI     SECURITIES EXCHANGE   RELEASE 211/2004
                 SHARES                14 May 2004


STORA ENSO OYJ: CONVERSION OF A SHARE INTO R SHARE 

A total of 32 437 converted A shares of Stora Enso Oyj
into R shares will be traded together with the R shares
of Stora Enso Oyj as of 17 May 2004.

Identifiers of Stora Enso Oyj's A and R share:

Trading code:                        STEAV
ISIN code:                           FI0009005953
Number of shares:                    180 095 629


Trading code:                        STERV
ISIN code:                           FI0009005961
Number of shares:                    657 147 770


HELSINKI EXCHANGES
Mikko Timonen

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