Stora Enso Oyj - Company Announcement

Stora Enso's non-recurring items in first quarter 2011

Helsinki, Finland, 2011-03-22 08:01 CET (GLOBE NEWSWIRE) -- STORA ENSO OYJ
STOCK EXCHANGE RELEASE 22 March 2011 at 9.01 EET 

Stora Enso will record non-recurring items (NRI) with a negative impact of
approximately EUR 27 million on operating profit in its first quarter 2011
results. The NRI will have a negative cash impact of EUR 7 million and a
beneficial tax impact of EUR 8 million. 

A NRI of EUR -29 million relates to closure of the Kopparfors Sawmill, as
announced in a separate release today. The other NRI, totalling net EUR 2
million, are related to other restructuring actions and updates of existing
provisions. 

Allocation of NRI between segments


Segment                   Total            
-------------------------------------------
Newsprint and Book Paper  EUR -1.7 million 
-------------------------------------------
Magazine Paper            EUR 3.4 million  
-------------------------------------------
Wood Products             EUR -28.9 million
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Total                     EUR -27.2 million
-------------------------------------------

The Group's financial results for the first quarter of 2011 will be announced
on 20 April 2011 at 13.00 EET. 

For further information, please contact:
Markus Rauramo, CFO, tel. +358 2046 21121
Ulla Paajanen-Sainio, Head of Investor Relations, tel. +358 2046 21242

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


Stora Enso is a global paper, packaging and wood products company producing
newsprint and book paper, magazine paper, fine paper, consumer board,
industrial packaging and wood products. The Group is the world leader in forest
industry sustainability. We offer our customers solutions based on renewable
raw materials. Our products provide a climate-friendly alternative to many
non-renewable materials, and have a smaller carbon footprint. Stora Enso is
listed in the Dow Jones Sustainability Index and the FTSE4Good Index. 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