Stora Enso Oyj - Managers' transactions

CORRECTION: Stora Enso: Managers' transactions – Ulrika Lilja

STORA ENSO OYJ MANAGERS’ TRANSACTIONS 3 March 2017 at 17.15 EET
Correction: Number of shares

On 1 March 2017, Stora Enso’s Group Leadership Team members received shares
under Stora Enso’s Long Term Incentive (LTI) plan. The performance shares were
awarded in 2014 and were based on the person’s position at that time.

Stora Enso Oyj - Managers' Transactions

____________________________________________

Person subject to the notification requirement

Name: Lilja, Ulrika

Position: Other senior manager

Issuer: Stora Enso Oyj

LEI: 7437000ZP669LKUTZ738

Notification type: AMENDMENT

Reference number: 7437000ZP669LKUTZ738_20170303070047_5

Amendment comment:

Number of shares corrected.

____________________________________________

Transaction date: 1.3.2017

Venue: NASDAQ HELSINKI LTD (XHEL)

Instrument type: SHARE

ISIN: FI0009005961

Nature of the transaction: RECEIPT OF A SHARE-BASED INCENTIVE

Transaction Details

(1): Volume: 3227 Unit price: 0.00000

Aggregated transactions

(1): Volume: 3227 Volume weighted average price: 0.00000
For further information, please contact:

Hanne Karrinaho, Head of Financial Communications, tel. +358 2046 21446
Investor enquiries:
Ulla Paajanen-Sainio, SVP, Investor Relations, tel. +358 40 763 8767

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 25 000
people in more than 35 countries, and our sales in 2016 were EUR 9.8 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). storaenso.com (http://www.storaenso.com/)

STORA ENSO OYJ