SOURCE: Pink Sheets, LLC

December 31, 2007 09:59 ET

Stora Enso Oyj Joins International OTCQX

NEW YORK, NY--(Marketwire - December 31, 2007) - Pink Sheets, LLC, the leading electronic inter-dealer quotation system, trading technology and financial information provider for over-the-counter (OTC) securities, today announced that Stora Enso Oyj (OTCQX: SEOAY) (PINKSHEETS: SEOAY), a world leader in paper, packaging and forest products, has chosen to list its American Depositary Receipts (ADR) on International OTCQX. Beginning today, Stora Enso's ADRs will trade on the OTC market's highest tier, International PremierQX, where investors can find current disclosure and financial information on the company (available on www.otcqx.com and www.pinksheets.com).

"We are pleased to welcome a company of Stora Enso's caliber to the International OTCQX market tier," said R. Cromwell Coulson, Chairman and CEO of Pink Sheets LLC. "As an International OTCQX-listed company, Stora Enso distinguishes itself as one of the most prestigious companies trading over-the-counter, and provides U.S. investors with access to their latest news and disclosure information."

Deutsche Bank will serve as Stora Enso's Principal American Liaison ("PAL") on International OTCQX. Stora Enso's ADRs will trade in the U.S. on International OTCQX under the ticker "SEOAY" where each ADR will represent one ordinary share. Stora Enso's shares are also listed on the Helsinki and Stockholm stock exchanges. The company is headquartered in Helsinki, Finland.

About Stora Enso

Stora Enso is a global leader within the paper, packaging and forest products industry producing newsprint, magazine paper, fine paper, consumer board, industrial packaging and wood products. Headquartered in Helsinki, Finland, the Group has some 40,000 employees in more than 40 countries and five continents with sales of over EUR 14 billion. Stora Enso is committed to sustainability. Economic, environmental and social responsibility underpin their thinking and approach to every aspect of doing business.

About International OTCQX

International OTCQX provides a gateway to U.S. securities markets for international companies that are listed on a qualified international exchange and provide ongoing disclosure in English to U.S. investors. More importantly, International OTCQX distinguishes the reputable international issuers from the 8,000 over-the-counter (OTC) securities traded in the U.S. Only leading companies that have substantial operating businesses and provide credible disclosure to the public are eligible for inclusion on the premium-tier International OTCQX, which commenced trading on March 5, 2007. For more about International OTCQX, visit www.otcqx.com.

About Pink Sheets LLC

Pink Sheets, LLC is the leading electronic inter-dealer quotation system, trading technology and financial information provider for the over-the-counter (OTC) securities markets. Its centralized information network includes services designed to benefit market makers, issuers, brokers and OTC investors. Pink Sheets information enhances the efficiency of OTC trading, provides better executions for OTC investors and improves the capital formation process for OTC issuers. For more information visit the Pink Sheets website at www.pinksheets.com.

Contact Information

  • Media Contact:
    Lee Morrell
    CCG Investor Relations
    +1 (310) 477-9800 ext.120
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