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Stora Enso shares converted

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STORA ENSO OYJ STOCK EXCHANGE RELEASE 15 January 2009 at 07.00 GMT              


During the 1-31 December 2008 conversion period there was one conversion and a  
total of 50 A shares were converted into R shares. The shares were recorded in  
the Finnish trade register today, 15 January 2009, and trading in the new       
R shares will start on 16 January 2009.                                         
	                                                                               
Breakdown of shares after conversion:                                           
A shares		177 152 431                                                          
R shares		612 386 068                                                          
Total	         789 538 499                                                    

Each A share and each ten R shares carry one vote. The total amount of votes    
after conversion is 238 391 038.                                                


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

www.storaenso.com                                                               
www.storaenso.com/investors                                                     


STORA ENSO OYJ                                                                  




pp. 	Jukka Marttila		Leena Bergqvist

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