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STORA ENSO OYJ SHARE REPURCHASE

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        STORA ENSO OYJ                    ANNOUNCEMENT
                                          07.01.2004


        STORA ENSO OYJ SHARE REPURCHASE


        Trade date       		07.01.2004
        Bourse trade          		BUY

       

        Share                    	    STERV
        Amount                   	  700 000   shares
        Average price/share          	    11,05   EUR
        Highest price/share                 11,10   EUR
        Lowest price/share                  10,98   EUR
        Total cost                      7 733 110   EUR
        
        After repurchases 07.01.2004 the company holds

        STEAV                   	   8 100
        STERV              	      26 903 108
       


        On behalf of Stora Enso Oyj

        CAI Cheuvreux Nordic AB


        Patrik Björk

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