Kai Korhonen is retiring from Stora Enso

Stora Enso Oyj Stock Exchange Release 10 July 2007 at 12.00 GMT Kai Korhonen, Senior Executive Vice President, Packaging Boards and member of the Executive Management Group (EMG), has chosen to retire and leave his duties at Stora Enso. He will relinquish his current duties by 31 August 2007, but will continue to undertake special assignments for CEO Jouko Karvinen until the end of 2007. Kai Korhonen's successor will be announced before the end of August. "Kai's early retirement is a loss for Stora Enso and me personally. On the other hand, after a thirty-year career in the paper industry at A. Ahlström Osakeyhtiö and Stora Enso, his retirement is well earned," said CEO Jouko Karvinen. For further information, please contact: Kari Vainio, EVP, Corporate Communications, tel. +44 7799 348 197 Keith B Russell, SVP, Investor Relations, tel. +44 7775 788 659 www.storaenso.com www.storaenso.com/investors STORA ENSO OYJ p.p. Leena Bergqvist Jukka Marttila