2015-12-31 16:45:01 CET

2015-12-31 16:45:01 CET


REGULATED INFORMATION

Finnish English
Stora Enso Oyj - Major shareholder announcements

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


Helsinki, Finland, 2015-12-31 16:45 CET (GLOBE NEWSWIRE) -- STORA ENSO OYJ
STOCK EXCHANGE RELEASE 31 December 2015 at 17.45 EET 

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

Stora Enso Oyj has on 31 December 2015 received an announcement under Chapter
9, Section 10 of the Securities Markets Act, according to which BlackRock
Inc.'s indirect holding in Stora Enso  shares has reached the threshold of 5%
on 30 December 2015. 

The shareholding of BlackRock, Inc. in Stora Enso has increased to 34 458 320
shares, corresponding to 5.00% of Stora Enso’s shares. The share of voting
rights remains under 5%. The total number of Stora Enso shares owned directly
or through financial instruments by BlackRock, Inc. and its funds was 5.00% on
30 December 2015. The holdings of BlackRock Inc have been calculated according
to Stora Enso’s registered number of shares of 788 619 987 and votes of 237 740
879. 

Total positions of BlackRock, Inc. and its funds according to the notification:

                            % of shares and  % of shares and voting     Total of
                             voting rights    rights through financial   both in
                             (total of A)     instruments (total of B)   %      
                                                                        (A + B) 
Resulting situation on the  4.36% of shares  0.63%                      5.00%   
 date on which threshold    Below 5% voting  Below 5% voting rights     Below 5%
 was crossed or reached      rights                                      voting 
                                                                         rights 
Position of previous        N/A              N/A                        N/A     
 notification (if                                                               
 applicable)                                                                    

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                    34 458 320                        4.36% of      
                                 shares                            shares       
                                Below 5% voting                   Below 5%      
                                 rights                            voting rights
SUBTOTAL A                      34 458 320                        4.36% of      
                                 shares                            shares       
                                Below 5% voting                   Below 5%      
                                 rights                            voting rights

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                                                
Securities      N/A      N/A       Physical       1 748 700        0.22%        
 Lent                                              shares          Below 5%     
                                                  Below 5% voting   voting      
                                                   rights           rights      
CFD             N/A      N/A       Cash           3 219 160        0.40% shares 
                                                   shares          Below 5%     
                                                  Below 5% voting   voting      
                                                   rights           rights      
Total Return    22 June  N/A       Cash           67 000 shares    0.00% shares 
 SWAP            2016                             Below 5% voting  Below 5%     
                                                   rights           voting      
                                                                    rights      
                                   SUBTOTAL B     5 034 860        0.63% shares 
                                                   shares          Below 5%     
                                                  Below 5% voting   voting      
                                                   rights           rights      

Full chain of controlled undertakings through which the voting rights and
financial instruments are effectively held starting with the ultimate
controlling natural person or legal entity is presented in the enclosed Annex. 


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, wood and paper on global markets. Our aim is to replace
non-renewable materials by innovating and developing new products and services
based on wood and other renewable materials. We employ some 27 000 people in
more than 35 countries, and our sales in 2014 were EUR 10.2 billion. Stora Enso
shares are listed on Nasdaq Helsinki Oy (STEAV, STERV) and Nasdaq Stockholm AB
(STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY)
on the International OTCQX over-the-counter market. www.storaenso.com 

STORA ENSO OYJ