Stora Enso Oyj - Company Announcement

Stora Enso's non-recurring items in second quarter 2011

Helsinki, Suomi, 2011-07-12 08:00 CEST (GLOBE NEWSWIRE) -- STORA ENSO OYJ STOCK
EXCHANGE RELEASE 12 July 2011 at 9.00 EET 

Stora Enso will record non-recurring items (NRI) with a negative impact of
approximately EUR 32 million on operating profit in its second quarter 2011
results. All NRI will have a cash impact. The NRI will have a positive tax
impact of EUR 4 million. 

The NRI of EUR -16 million in the Fine Paper Business Area as announced on 3
May 2011 and a NRI of EUR -9 million in logistics relate to restructuring
measures, and a NRI of EUR -7 million relates to payments, including interest,
to former Kemijärvi Mill and Summa Mill employees following the decision by the
Labour Court in Finland on 21 June 2011. 


Allocation of NRI between segments



Segment               Total            
---------------------------------------
Consumer Board        EUR -2.2 million 
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Industrial Packaging  EUR -0.1 million 
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Newsprint             EUR -6.2 million 
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Magazine Paper        EUR -2.8 million 
---------------------------------------
Fine Paper            EUR -20.4 million
---------------------------------------
Total                 EUR -31.7 million
---------------------------------------



The Group's financial results for the second quarter of 2011 will be announced
on 21 July 2011 at 13.00 EET. 

For further information, please contact:
Markus Rauramo, CFO, tel. +358 2046 21121
Ulla Paajanen-Sainio, Head of Investor Relations, tel. +358 2046 21242
Lauri Peltola, Head of Communications and Global Responsibility, tel. +358 2046
21380 



www.storaenso.com

www.storaenso.com/investors



Stora Enso is the global rethinker of the packaging, paper and wood products
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 26 000 people worldwide, and our sales in 2010 amounted to EUR 10.3
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