Stora Enso Oyj - Company Announcement

Stora Enso shares converted and North American stock options exercised

During the 1-30 November 2007 conversion period there were two conversions and
a total of 11 202 A shares were converted into R shares. The shares were
recorded in the Finnish trade register today, 14 December 2007, and trading in
the new R shares will start on 17 December 2007. 
	
Breakdown of shares after conversion:
A shares	177 479 033
R shares	612 059 466
Total	789 538 499

Stora Enso North America Option Programme

Following the acquisition of Consolidated Papers, Inc. the Board of Directors
decided to convert the Consolidated Papers' share option plans into Stora Enso
share option plans. During November 2007 a total of 4 352 R shares were
subscribed against North American stock options. These R shares were previously
held by the Company. 

After the subscription the Company holds: 
A shares	-
R shares	926 906


For further information, please contact:
Ulla Paajanen-Sainio, Vice President, Investor Relations and Financial
Communications, 
tel. +358 2046 21242

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


STORA ENSO OYJ


p.p. 	Jussi Siitonen		Jukka Marttila