Stora Enso's converted shares recorded i

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STORA ENSO OYJ  Stock Exchange Announcement 15 July 2003 at 11.00

Stora Enso's converted shares recorded in Finnish trade register

During the 31 May-30 June conversion period there were two 
conversions and a total of 1 400 series A shares were converted 
into R shares. The shares were recorded in the Finnish trade 
register today, 15 July 2003, and trading in the new R shares 
will start on 16 July 2003.

Breakdown of shares after conversion:
A shares	182 205 367
R shares	681 982 132
Total		864 187 499

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


STORA ENSO OYJ



p.p.	Jussi Siitonen		Minna Taukojärvi



		

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