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Stora Enso signs EUR 165 million loan agreement

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STORA ENSO OYJ STOCK EXCHANGE RELEASE 7 May 2010 at 06.00 GMT                   

Stora Enso has signed an agreement with the European Investment Bank (EIB) for a
EUR 165 million loan to be used for research and development. The loan agreement
is part of the commitment by EIB to lend altogether EUR 230 million to Stora    
Enso, including the EUR 65 million loan announced on 10 February 2010.          

“We have a long and good relationship with EIB. This is its third loan for Stora
Enso's research and development projects. We are pleased with the competitive   
terms of the loan,” says Stora Enso CFO Markus Rauramo.                         

“Stora Enso invested EUR 71.1 million in research and development in 2009.      
Research and development concentrates on steering of networked strategic        
research as well as operations and product development in three research        
centres: Imatra in Finland, Karlstad in Sweden and Mönchengladbach in Germany.  
The Packaging Business Area, for instance, focuses its research and development 
on sustainable fibre-based packaging materials and solutions,” says Jukka       
Kilpeläinen, Senior Vice President, Group R&D.                                  


For further information, please contact:                                        
Jyrki Tammivuori, SVP, Group Treasurer, tel. +358 2046 21043                    
Ulla Paajanen-Sainio, Head of Investor Relations, tel. +358 2046 21242          

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


Stora Enso is a global paper, packaging and wood products company producing     
newsprint and book paper, magazine paper, fine paper, consumer board, industrial
packaging and wood products. The Group is the world leader in forest industry   
sustainability. We offer our customers solutions based on renewable raw         
materials. Our products provide a climate-friendly alternative to many          
non-renewable materials, and have a smaller carbon footprint. Stora Enso is     
listed in the Dow Jones Sustainability Index and the FTSE4Good Index. Stora Enso
employs some 27 000 people worldwide, and our sales in 2009 amounted to EUR 8.9 
billion. Stora Enso shares are listed on NASDAQ OMX Helsinki (STEAV, STERV) and 
Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs 
(SEOAY) in the International OTCQX over-the-counter market.                     

STORA ENSO OYJ                                                                  




Jari Suvanto			Ulla Paajanen-Sainio

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