Stora Enso Oyj

Share Issue/Capital Change • May 16, 2011

Disclosure 287228

Stora Enso Oyj - Corporate Action

Stora Enso shares converted

Helsinki, Finland, 2011-05-16 08:00 CEST (GLOBE NEWSWIRE) -- STORA ENSO OYJ STOCK EXCHANGE RELEASE 16 May 2011 at 09.00 EET During the 8 February -29 April 2011 conversion period there was one conversion and a total of 762 A shares were converted into R shares. The shares were recorded in the Finnish trade register today, 16 May 2011, and trading in the new R shares will start on 17 May 2011. Breakdown of shares after conversion: A shares 177 149 022 R shares 612 389 477 Total 789 538 499 Each A share and each ten R shares carry one vote. The total amount of votes after conversion is 238 387 969. For further information, please contact: Ulla Paajanen-Sainio, Head of Investor Relations, tel. +358 2046 21242 www.storaenso.com www.storaenso.com/investors Stora Enso is the global rethinker of the packaging, paper and wood products industry. We always rethink the old and expand to the new to offer our customers innovative solutions based on renewable materials. Stora Enso employs some 26 000 people worldwide, and our sales in 2010 amounted to EUR 10.3 billion. Stora Enso shares are listed on NASDAQ OMX Helsinki (STEAV, STERV) and Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY) in the International OTCQX over-the-counter market. STORA ENSO OYJ