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Stora Enso shares converted and North American stock options exercised

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STORA ENSO OYJ Stock Exchange Announcement 15 February 2006 at 11.00


Stora Enso shares converted and North American stock options 
exercised


During the 1–31 January 2006 conversion period there was one 
conversion and a total of 460 A shares were converted into 
R shares. The shares were recorded in the Finnish trade register 
today, 15 February 2006, and trading in the new R shares will 
start on 16 February 2006.

Breakdown of shares after conversion:
A shares	178 159 318
R shares	634 817 781
Total	812 977 099


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 
2006 a total of 2 433 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	38 600
R shares	24 371 019


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


p.p.	Jussi Siitonen	Jukka Marttila

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