Stora Enso Oyj - Major shareholder announcements

AXA Group has decreased its shareholding in Stora Enso

STORA ENSO OYJ STOCK EXCHANGE RELEASE 12 January 2009 at 13.00 GMT              

Stora Enso Oyj was informed on 12 January 2009 that the shares in the Company   
held by AXA S.A. and its subsidiaries (AXA Group) (trade register no.           
572 093 920 RCS Paris) has decreased below 10% of the paid-up share capital on 5
January 2009.                                                                   

With reference to Chapter 2, paragraph 10 of the Finnish Securities Markets Act,
Stora Enso Oyj is reporting that as of 5 January 2009 the shareholding of AXA   
Group is as follows:                                                            

--------------------------------------------------------------------------------
| AXA Group      | Number of      | Number of      | % of shares     | % of    |
|                | shares         | votes          |                 | votes   |
--------------------------------------------------------------------------------
| R shares       | 78 696 250     | 78 696 25      | 9.97            | 3.30    |
--------------------------------------------------------------------------------

The holding of AXA Group has been calculated according to the share capital     
registered on 14 November 2008.                                                 


For further information, please contact:                                        
Keith B Russell, SVP, Investor Relations, tel. +44 20 7121 0910                 
Ulla Paajanen-Sainio, VP, Investor Relations and Financial Communications,
tel. +358 2046 21242 


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


STORA ENSO OYJ                                                                  



pp.	Jukka Marttila		Leena Bergqvist