SOURCE: Stora Enso Oyj

November 21, 2007 07:06 ET

Notice of shareholding changes in accordance with Chapter 2, section 10 of the Finnish Securities Markets Act

Stora Enso Oyj News Release November 21, 2007 at 12.00

HELSINKI, FINLAND--(Marketwire - November 21, 2007) - Stora Enso Oyj News Release November 21, 2007 at 12.00


HELSINKI, Finland - Stora Enso (NYSE: SEO) today announced that it was informed on 21 November 2007 that the shares in the Company held by the Knut and Alice Wallenberg Foundation and the Marianne and Marcus Wallenberg Foundation has been transferred to Foundation Asset Management (FAM) on 19 November 2007.

With reference to Chapter 2, paragraph 10 of the Finnish Securities Markets Act, Stora Enso Oyj is reporting that as of 20 November the shareholding of Foundation Asset Management (FAM) is as follows:


+-------------------------------------------------------------------+
| Foundation Asset           |  Number of | % of share |            |
| Management (FAM)           |     shares |    capital | % of votes |
|----------------------------+------------+------------+------------|
| A shares                   | 63 123 386 |        8.0 |       26.4 |
|----------------------------+------------+------------+------------|
| R shares                   |  4 500 000 |        0.6 |        0.2 |
|----------------------------+------------+------------+------------|
| Total                      | 67 623 386 |        8.6 |       26.6 |
+-------------------------------------------------------------------+


The holding of Foundation Asset Management (FAM) has been calculated according to the share capital registered on 19 November 2007.


For further information, please contact:
Tim Laatsch, Senior Vice President, Communications, Stora Enso North
America,
tel. 715 422 4023

www.storaenso.com

www.storaenso.com/investors





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