Available languages:EN, FI, SV
08 May 2009

Stora Enso: Announcement with reference to Chapter 2, paragraph 10 of the Finnish Securities Markets Act 

STORA ENSO OYJ STOCK EXCHANGE RELEASE 8 May 2009 at 06.20 GMT                  

Stora Enso Oyj was informed on 7 May 2009 that the number of shares in the     
Company held by the funds managed by Orbis Investment Management Limited, Orbis
Asset Management Limited and Orbis Portfolio Management (Europe) LLP has       
decreased below 5% of the of the paid-up share capital and the number of shares
in Stora Enso Oyj on 6 May 2009.                                               

With reference to Chapter 2, paragraph 10 of the Finnish Securities Markets Act,
Stora Enso Oyj is reporting that as of 6 May 2009 the shareholding of funds    
managed by Orbis Investment Management Limited, Orbis Asset Management Limited 
and Orbis Portfolio Management (Europe) LLP is as follows:                     

--------------------------------------------------------------------------------
| Orbis Investment Management    | Number of | Number of |     % of |     % of |
| Limited,                       |    shares |     votes |  shares  |    votes |
| Orbis Asset Management         |           |           |          |          |
| Limited,                       |           |           |          |          |
| Orbis Portfolio Management     |           |           |          |          |
| (Europe) LLP                   |           |           |          |          |
--------------------------------------------------------------------------------
| R shares                       |    38 592 | 3 859 207 |     4.89 |     1.62 |
|                                |       070 |           |          |          |
--------------------------------------------------------------------------------

The holding of funds managed by Orbis Investment Management Limited, Orbis Asset
Management Limited and Orbis Portfolio Management (Europe) LLP has been        
calculated according to the share capital registered on 30 April 2009.         

For further information, please contact:                                       
Ulla Paajanen-Sainio, VP, Investor Relations and Financial Communications, tel.
+358 2046 21242                                                                

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

Stora Enso is a global paper, packaging and forest products company producing  
newsprint and book paper, magazine paper, fine paper, consumer board, industrial
packaging and wood products. The Group has 29 000 employees and 85 production  
facilities in more than 35 countries worldwide, and is a publicly traded company
listed in Helsinki and Stockholm. Our annual production capacity is 12.7 million
tonnes of paper and board, 1.5 billion square metres of corrugated packaging and
6.9 million cubic metres of sawn wood products, including 3.2 million cubic    
metres of value-added products. Our sales in 2008 were EUR 11.0 billion.       

STORA ENSO OYJ                                                                 

 

Jari Suvanto  Ulla Paajanen-Sainio