STORA ENSO OYJ SHARE REPURCHASE

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        STORA ENSO OYJ                    ANNOUNCEMENT
                                          03.12.2004

        STORA ENSO OYJ SHARE REPURCHASE


        Trade date       		03.12.2004
        Bourse trade          		BUY

       

        Share                    	    STERV
        Amount                            200 000   shares
        Average price/share                 10,50   EUR
        Highest price/share                 10,50   EUR
        Lowest price/share                  10,48   EUR
        Total cost                      2 299 580   EUR
        
        After repurchases 03.12.2004 the company holds

        STEAV                            12 300
        STERV                        15 344 098
       


        On behalf of Stora Enso Oyj

        CAI Cheuvreux Nordic AB


        Patrik Björk	


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