Stora Enso Oyj — Capital/Financing Update 2012

Aug 27, 2012

Stora Enso successfully completes tap of two five-year SEK bonds

Stora Enso successfully completes tap of two five-year SEK bonds

Helsinki, Finland, 2012-08-27 16:30 CEST (GLOBE NEWSWIRE) -- STORA ENSO OYJ
STOCK EXCHANGE RELEASE 27 August 2012 at 17.30 EET

Stora Enso has today successfully tapped its two five-year bonds due in June
2017. Both bonds are issued under Stora Enso's EMTN (Euro Medium Term Note)
programme.

The SEK 1 350 million bond that pays a floating coupon of three-month Stibor
plus 390 basis points was tapped with SEK 850 million of new notes issued with
a yield of Stibor + 3.70% at a price of 100.866. The settlement date of the
transaction is 3 September 2012. Following the tap, a total of SEK 2 200
million of the bond is outstanding.

The SEK 350 million 5.75% fixed coupon bond was tapped with SEK 150 million of
new notes issued with a 5.57% yield at a price of 100.719. The settlement date
of the transaction is 3 September 2012. Following the tap, a total of SEK 500
million of the bond is outstanding.

Sole arranger and bookrunner for these transactions was Skandinaviska Enskilda
Banken AB (publ) (SEB).

“The tap was made to strengthen Stora Enso's liquidity even further. We last
issued Swedish krona bonds in June 2012, and we have now decided to benefit
from the continuing strong demand from Swedish investors,” says Jyrki
Tammivuori, SVP, Group Treasurer.

For further information, please contact:
Jyrki Tammivuori, SVP, Group Treasurer, tel. +358 2046 21043
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 paper, biomaterials, wood product and
packaging 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 30 000 people worldwide, and our sales in 2011 amounted to EUR
11.0 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