Stora Enso's Converted Shares Recorded in Finnish Trade Register HELSINKI, Finland, Nov. 17 /PRNewswire-FirstCall/ -- Stora Enso today announced that during the 1-31 October 2003 conversion period there were 90 conversions and a total of 121 166 series A shares were converted into R shares. The shares were recorded in the Finnish trade register today, 17 November 2003, and trading in the new R shares will start on 18 November 2003. Breakdown of shares after conversion: A shares 181 525 237 R shares 682 662 262 Total 864 187 499 For further information, please contact: Scott Deitz, Vice President, Investor Relations, Stora Enso North America, tel. 715 422 1521 Stora Enso is an integrated paper, packaging and forest products company producing publication and fine papers, packaging boards and wood products, areas in which the Group is a global market leader. Stora Enso sales totalled EUR 12.8 billion in 2002. The Group has some 42 500 employees in more than 40 countries in five continents and about 15 million tonnes of paper and board annual production capacity. Stora Enso's shares are listed in Helsinki, Stockholm and New York. DATASOURCE: Stora Enso Oyj CONTACT: Scott Deitz, Vice President, Investor Relations of Stora Enso North America, +1-715-422-1521 Web site: http://www.storaenso.com/

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