Dividend Reinvestment and Direct Purchase Plan  

A dividend reinvestment and direct purchase plan for Stora Enso ADRs (DB-Direct) is administered by American Stock Transfer on behalf of Deutsche Bank Trust Company Americas, the depositary bank for the Stora Enso ADR programme. The plan makes it easier for existing ADR holders and first-time purchasers of Stora Enso ADRs to increase their investment by reinvesting cash dividends or by making additional cash investments. The plan is intended only for US residents and constitutes a means for Stora Enso to expand its retail shareholder base in the US.

Since the dividend reinvestment and direct purchase plan is sponsored and administered by Deutsche Bank Trust Company Americas, Stora Enso assumes no obligation or liability for the operation of the plan.

To obtain further information about the dividend reinvestment and direct purchase plan, log on to www.adr.db.com and select the DB-Direct tab or by telephoning (866) 249-2593.