Stora Enso Oyj

Major Shareholding Notification • Apr 27, 2016

Disclosure 332442

Stora Enso Oyj - Major shareholder announcements

Stora Enso: Announcement with a reference to Chapter 9, Section 10 of the Finnish Securities Markets Act

Helsinki, Finland, 2016-04-27 08:00 CEST (GLOBE NEWSWIRE) -- STORA ENSO OYJ MAJOR SHAREHOLDER ANNOUNCEMENT 27 April 2016 at 09.00 EET Stora Enso Oyj received on 26 April 2016 a notification under the Chapter 9, Section 10 of the Securities Markets Act, according to which the holdings of Norges Bank (The Central bank of Norway) in Stora Enso’s shares including holding through financial instruments fell below the threshold of 5% on 25 April 2016. Total positions of Norges Bank and its funds according to the notification: % of shares % of shares and Total of Total number and voting voting rights both in of shares and rights through financial % (A + voting rights (total of instruments (total B) of issuer A) of B) -------------------------------------------------------------------------------- Resulting situation Shares: Shares: 3.09% Shares: 788 619 987 on the date on 1.06% Voting: 1.02% 4.15% shares which threshold Voting: Voting: 237 718 379 was crossed or 0.35% 1.37% voting rights reached -------------------------------------------------------------------------------- Position of Shares: Shares: 0.13% Shares: previous 4.91% Voting: 0.04% 5.04% notification (if Voting: Voting: applicable) 1.63% 1.67% -------------------------------------------------------------------------------- Notified details of the resulting situation on the date on which the threshold was crossed or reached: A: Shares and voting rights Class/type Number of shares Number of shares % of shares % of shares of shares and voting and voting and voting and voting rights rights rights rights -------------------------------------------------------------------------------- ISIN code Direct (SMA 9:5) Indirect (SMA Direct (SMA Indirect (SMA (if 9:6 and 9:7) 9:5) 9:6 and 9:7 possible) -------------------------------------------------------------------------------- FI0009005961 8 346 431 1.06% -------------------------------------------------------------------------------- SUBTOTAL A 8 346 431 1.06% -------------------------------------------------------------------------------- B: Financial Instruments according to SMA 9:6a Type of Expirat Exercise Physical or Number of % of shares financial ion / cash shares and and voting instrument date Conversi settlement voting rights rights on period -------------------------------------------------------------------------------- Shares on loan N/A At any N/A 24 346 746 3.09% (right to time recall) -------------------------------------------------------------------------------- SUBTOTAL B 24 346 746 3.09% -------------------------------------------------------------------------------- For further information, please contact: Ulla Paajanen-Sainio, SVP, Investor Relations, tel. +358 2046 21242 Stora Enso is a leading provider of renewable solutions in packaging, biomaterials, wooden constructions and paper on global markets. Our aim is to replace fossil based materials by innovating and developing new products and services based on wood and other renewable materials. We employ some 26 000 people in more than 35 countries, and our sales in 2015 were EUR 10.0 billion. Stora Enso shares are listed on Nasdaq Helsinki (STEAV, STERV) and Nasdaq Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY) on the International OTCQX over-the-counter market. storaenso.com STORA ENSO OYJ