Stora Enso Oyj - Company Announcement

Stora Enso plans temporary lay-offs at sawmills in Finland

STORA ENSO OYJ STOCK EXCHANGE RELEASE 15 June 2010 at 6.00 GMT                  

Stora Enso will start co-determination negotiations concerning possible         
temporary lay-offs at its Finnish sawmills, which are at Kitee, Uimaharju,      
Varkaus and Honkalahti. The planned lay-offs are in response to the threat that 
wood cost levels in Finland will become even more uncompetitive if current      
trends continue.                                                                

“We are increasingly concerned by the trend in Finnish raw material prices. We  
need to prepare ourselves to take rapid corrective actions if raw material      
prices continue to escalate and can no longer be compensated by increases in    
end-product prices or efficiency improvements,” says Hannu Kasurinen, EVP, Stora
Enso Wood Products.                                                             

The total number of employees affected by the co-determination negotiations in  
Finland is about 500. The negotiations address the plan to curtail production at
individual sawmills if necessary through temporary lay-offs between 1 September 
and 31 December 2010. In Finland Stora Enso has a total capacity of about 1.3   
million cubic metres of sawn timber per year.                                   


For further information, please contact:                                        
Hannu Kasurinen, EVP, Stora Enso Wood Products, tel. +358 2046 21222            
Ulla Paajanen-Sainio, Head of Investor Relations, tel. +358 2046 21242          
Päivi Kauhanen, Director, Communications in Finland, tel. +358 2046 21380       

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 27 000 people worldwide, and our sales in 2009 amounted to EUR 8.9 
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                                                                  




Jari Suvanto			Ulla Paajanen-Sainio