Stora Enso?s converted shares recorded in Finnish trade register

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STORA ENSO OYJ  Stock Exchange Announcement 15 November 2004 at 11.00

Stora Enso’s converted shares recorded in Finnish trade register

During the 1–31 October 2004 conversion period there was 1 
conversion and a total of 500 series A shares were converted 
into R shares. The shares were recorded in the Finnish trade 
register today, 15 November 2004, and trading in the new 
R shares will start on 16 November 2004.

Breakdown of shares after conversion:

A shares   179 057 177
R shares   658 186 222
Total      837 243 399


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    Jukka Marttila

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