Stora Enso's Capital Distribution Decided

• Press Release
• Source: Stora Enso Oyj
• On 6:19 am EDT, Wednesday July 22, 2009

HELSINKI, Finland, July 22, 2009 (GLOBE NEWSWIRE) -- Stora Enso's Annual General Meeting (AGM) on 1 April 2009 approved a proposal by the Board of Directors that in lieu of a dividend, EUR 0.20 per share of capital, in total EUR 157,907,699.80, be distributed to the shareholders from the share premium fund of the parent company following the Finnish National Board of Patents and Registration's consent to the respective decrease in Stora Enso's share premium fund.

The Finnish National Board of Patents and Registration has confirmed pursuant to the provisions of Chapter 14 of the Finnish Companies Act that Stora Enso can decrease Stora Enso's share premium fund by in total EUR 157,907,699.80. The schedule for distribution of the funds has now been confirmed as follows:

 -- ex-date                  29 July 2009
 -- record date              31 July 2009
 -- payment date           10 August 2009

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
Ulla Paajanen-Sainio, Head of Investor Relations
+358 2046 21242
www.storaenso.com
www.storaenso.com/investors