Stora Enso shares converted and North American stock options exercised

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STORA ENSO OYJ Stock Exchange Announcement 15 February 2007 at 10.00

Stora Enso shares converted and North American stock options 
exercised

During the 1–31 January 2007 conversion period there were two 
conversions and a total of 450 A shares were converted into 
R shares. The shares were recorded in the Finnish trade register 
today, 15 February 2007, and trading in the new R shares will 
start on 16 February 2007.

Breakdown of shares after conversion:
A shares	178 102 667
R shares	611 435 832
Total		789 538 499

Stora Enso North America Option Programme

Following the acquisition of Consolidated Papers, Inc. the Board 
of Directors decided to convert the Consolidated Papers’ share 
option plans into Stora Enso share option plans. During January 
2007 a total of 1 650 R shares were subscribed against North 
American stock options. These R shares were previously held by 
the Company. 

After the subscription the Company holds: 
A shares	-
R shares	950 977

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



	Jyrki Kurkinen		Ulla Paajanen-Sainio

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