Stora Enso Timber restarts Veitsiluoto Sawmill at lower production volume

STORA ENSO OYJ Stock Exchange Release 22 March 2006 at 10.30

Stora Enso Timber restarts Veitsiluoto Sawmill at lower 
production volume

Stora Enso has decided to restart operations at Veitsiluoto 
Sawmill in Northern Finland in spring 2006. The mill has been 
idle and the personnel laid off temporarily since July 2005 
owing to severe profitability problems. Veitsiluoto Sawmill has 
been on the Group's divestment list since October 2005.

The restart is expected to result in satisfactory profitability 
of the mill at lower production volume. The main changes in the 
operating environment of the mill that have enabled the restart 
are more favourable wood raw material costs and improved market 
prospects for Nordic redwood products, as well as locally agreed 
flexible working. 

The mill will start in one-shift operation with 28 personnel 
excluding contractors. The annual capacity in one-shift 
operation is 100 000 m3 (former annual capacity was 300 000 m3). 
In the longer term, the restart of Veitsiluoto Sawmill is 
expected to deliver better overall results for Stora Enso than 
the carefully explored possible divestment.


For further information, please contact:

Vesa Pölhö, Vice President, Stora Enso Timber, Nordic Production 
Group, +358 2046 21869, +358 400 656 759
Kari Vainio, Executive Vice President, Corporate Communications, 
tel. +44 7799 348 197
Keith B Russell, Senior Vice President, Investor Relations, tel. 
+44 20 7016 3146
Ulla Paajanen-Sainio, Vice President, Investor Relations and 
Financial Communications, tel. +358 40 763 8767


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

STORA ENSO OYJ


p.p.	Jussi Siitonen	Jukka Marttila