SOURCE: Stora Enso Oyj

December 31, 2007 02:10 ET

Stora Enso delists its American Depositary Receipts (ADRs) from the New York Stock Exchange

ADRs to trade over-the-counter (OTC) in the United States

HELSINKI, FINLAND--(Marketwire - December 31, 2007) - ADRs to trade over-the-counter (OTC) in the United States

Stora Enso Oyj News Release December 31, 2007 at 07.00 GMT

HELSINKI, Finland - Stora Enso (NYSE: SEO) today announced that it has delisted its ADRs from the New York Stock Exchange. The last day of trading was 28 December 2007. Starting 31 December 2007, Stora Enso will maintain a sponsored Level I ADR facility and its ADRs will be traded on the International OTCQX - a premium market tier that distinguishes leading international companies from other securities traded over-the-counter.

Stora Enso intends to file Form 15F with the Securities and Exchange Commission (SEC) in January 2008 to deregister and terminate its reporting obligations under the Exchange Act. By law, upon filing Form 15F Stora Enso's reporting obligations under the Exchange Act are immediately suspended and the deregistration becomes effective 90 days later unless Form 15F is withdrawn by Stora Enso before then or the SEC delays the deregistration process. Stora Enso reserves the right to postpone the filing of the Form 15F or withdraw Form 15F for any reason prior to its effectiveness.

For further information, please contact:
Hannu Ryöppönen, Deputy CEO and CFO, tel. +358 2046 21450
Tim Laatsch, Senior Vice President, Communications, Stora Enso North
tel. 715 422 4023

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