Stora Enso Oyj - Company Announcement

Stora Enso increases its shareholding in Bergvik Skog

Helsinki, Finland, 2014-05-22 15:00 CEST (GLOBE NEWSWIRE) -- 
STORA ENSO OYJ STOCK EXCHANGE RELEASE 22 May 2014 at 16.00 EET

Stora Enso has acquired 405 shares in Bergvik Skog, a Swedish forest company,
from SPP Livförsäkring for SEK 2.2 million per share, or in total SEK 891
million (EUR 99 million). The transaction increases Stora Enso's shareholding
from 43.26% to 49% in the company. Stora Enso will continue to account for
Bergvik Skog as an equity accounted investment following the transaction. 

Bergvik Skog is a strategic asset for Stora Enso. Bergvik Skog's forests are
well located close to Stora Enso's Swedish mills. This transaction underlines
Stora Enso's long-term engagement in Bergvik Skog and the importance to Stora
Enso of securing stable access to wood raw material near the mills. 


About Bergvik Skog

Bergvik Skog owns approximately 2.3 million hectares of land in Sweden and
about 0.1 million hectares in Latvia and is one of Europe's largest
private-sector forest owners. Bergvik Skog's forests are certified. In addition
to wood fibre sales the company leases out land for hunting and fishing, etc.
Bergvik Skog annually produces about 60 million seedlings in its three
nurseries. The company supports the transition to increased utilisation of
renewable energy by developing wind farms and by leasing out land for wind
turbines. 

Bergvik Skog AB (publ) was founded in 2004 to acquire Stora Enso's and Korsnäs'
forestland in Sweden. For further information, please contact:
Ulla Paajanen-Sainio, Head of Investor Relations, tel. +358 40 763 8767

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

Stora Enso is the global rethinker of the paper, biomaterials, wood products
and packaging industry. We always rethink the old and expand to the new to
offer our customers innovative solutions based on renewable materials. Stora
Enso employs some 29 000 people worldwide, and our sales in 2013 amounted to
EUR 10.6 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