Stora Enso Finalises Acquisition of Remaining Shareholding in Sunila Pulp Mill

• Press Release
• Source: Stora Enso Oyj
• On 2:09 am EDT, Friday May 15, 2009

HELSINKI, Finland, May 15, 2009 (GLOBE NEWSWIRE) -- Stora Enso has finalised the acquisition of Myllykoski Paper's remaining 49% minority shareholding in Sunila Oy in Finland after receiving all the necessary approvals from the competition authorities. The purchase price is EUR 6 million subject to final adjustment for working capital. The final financial effects of this transaction on Stora Enso will be disclosed on 23 July 2009 when Stora Enso's second quarter 2009 results are released.

Related Quotes

Symbol	Price	Change
SEOAY.PK	7.84	-0.30

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Previous press release concerning Sunila Pulp Mill is available at www.storaenso.com/press

23 April 2009: Stora Enso reduces sawn wood capacity permanently and buys remaining shareholding in Sunila Pulp Mill

www.storaenso.com

www.storaenso.com/investors

Stora Enso 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 included in the Global 100 list of the world's most sustainable companies. Stora Enso is also listed in the Dow Jones Sustainability Index, the FTSE4Good Index, and the Climate Disclosure Leadership Index. Stora Enso employs 29 000 people worldwide, and our sales in 2008 amounted to EUR 11.0 billion.

 STORA ENSO OYJ



 Jari Suvanto                          Ulla Paajanen-Sainio

Stora Enso
Markus Rauramo, CFO
+358 2046 21121
Lauri Peltola, Head of Group Communications
+358 2046 21380
Ulla Paajanen-Sainio, VP, Investor Relations and
Financial Communications, tel.
+358 2046 21242