Stora Enso Successfully Issues Seven-year Bond

• Press Release
• Source: Stora Enso Oyj
• On 2:18 am EDT, Wednesday September 30, 2009

HELSINKI, Finland, Sept. 30, 2009 (GLOBE NEWSWIRE) -- Stora Enso has successfully issued a EUR 390 million seven-year bond under its EMTN (Euro Medium Term Note) programme. The seven-year maturity of the bond will lengthen Stora Enso's average debt maturity profile. The bond pays a floating coupon of Euribor +4.21% and there are no financial covenants. Sole Lead Manager for the deal was SEK Securities.

"We decided to take advantage of improved market conditions and issued a bond at attractive levels to refinance our short-term maturities and enhance our maturity profile. The Group has a strong liquidity situation and many alternative sources of financing are available. We continue to manage our maturity profile proactively," says Jyrki Tammivuori, SVP Group Treasurer.

Stora Enso has a revolving credit facility of EUR 1.4 billion maturing in May 2012 fully undrawn and without any financial covenants.

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 2008amounted to EUR 11.0 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

Jari Suvanto

Ulla Paajanen-Sainio

Stora Enso
Jyrki Tammivuori, SVP, Group Treasurer
  +358 2046 21043
Ulla Paajanen-Sainio, SVP, Investor Relations
  +358 2046 21242
www.storaenso.com
www.storaenso.com/investors