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2007-11-15 08:00:03 CET 2007-11-15 08:00:03 CET REGULATED INFORMATION Stora Enso Oyj - Company AnnouncementStora Enso shares converted and North American stock options exercisedDuring the 1-31 October 2007 conversion period there were three conversions and a total of 324 175 A shares were converted into R shares. The shares were recorded in the Finnish trade register today, 15 November 2007, and trading in the new R shares will start on 16 November 2007. Breakdown of shares after conversion: -------------------------------------------------------------------------------- | A shares | 177 490 235 | -------------------------------------------------------------------------------- | R shares | 612 048 264 | -------------------------------------------------------------------------------- | 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 October 2007 a total of 3 410 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 | 931 258 | -------------------------------------------------------------------------------- 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. Jyrki Kurkinen Ulla Paajanen-Sainio |
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