Stora Enso's converted shares recorded i

STORA ENSO OYJ  Stock Exchange Announcement 16 February 2004 at 11.00

Stora Enso's converted shares recorded in Finnish trade register

During the 31 December 2003–4 February 2004 conversion period 
there were five conversions and a total of 10 341 series 
A shares were converted into R shares. The shares were recorded 
in the Finnish trade register today, 16 February 2004, and 
trading in the new R shares will start on 17 February 2004.

Breakdown of shares after conversion:

A shares	181 172 833
R shares	683 311 666
Total		864 484 499

For further information, please contact:
Ulla Paajanen-Sainio, Vice President, Investor Relations and 
Financial Communications, tel. +358 2046 21242


  Jyrki Kurkinen   Ulla Paajanen-Sainio