Stora Enso reports one conversion in December with a total of 1,000 A shares converted into R shares

HELSINKI , January 16, 2012 (press release) – During the 1–31 December 2011 conversion period there was one conversion and a total of 1 000 A shares were converted into R shares. The shares were recorded in the Finnish trade register today, 16 January 2012, and trading in the new R shares will start on 17 January 2012.

Breakdown of shares after conversion:

A shares 177 147 772

R shares 612 390 727

Total 789 538 499

Each A share and each ten R shares carry one vote. The total amount of votes after conversion is 238 386 844.

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 30 000 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.

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