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STORA ENSO OYJ SHARE REPURCHASE

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        STORA ENSO OYJ        ANNOUNCEMENT
                                          09.06.2004


        STORA ENSO OYJ SHARE REPURCHASE


        Trade date                09.06.2004
        Bourse trade              BUY

        Share                          STEAV
        Amount                         1 500
        Average price/share            10,87   EUR
        Highest price/share            10,88   EUR
        Lowest price/share             10,86   EUR
        Total cost                    16 310   EUR


        Share                          STERV
        Amount                       150 000
        Average price/share            10,85   EUR
        Highest price/share            10,90   EUR
        Lowest price/share             10,83   EUR
        Total cost                 1 628 055   EUR
        
        After repurchases 09.06.2004 the company holds

        STEAV                  8 500
        STERV              7 932 847
       


        On behalf of Stora Enso Oyj

        CAI Cheuvreux Nordic AB


        Patrik Björk

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