Stora Enso found not guilty of anticompetitive conduct in the USA

Stora Enso Oyj Stock Exchange Release 20 July 2007 at 07.00 GMT On 13 December 2006 the US Antitrust authorities announced that Stora Enso North America Corp. had been indicted for its alleged anticompetitive conduct in connection with the sale of coated magazine paper in the USA in 2002 and 2003. On Thursday 19 July 2007, following a jury trial in the US Federal District Court in Hartford, Connecticut, the jury found Stora Enso not guilty of the charges. For further information, please contact: Per Lyrvall, Legal Counsel, tel. +46 70 580 3534 Kari Vainio, Executive Vice President, Corporate Communications, tel. +44 77 9934 8197 Carl Wartman, Legal Counsel, tel. +17 15 42 23 578 Previous press releases concerning issues with the competition authorities in the USA are available at www.storaenso.com/press: - 14 December 2006: Stora Enso is charged with alleged anticompetitive conduct in the USA - 25 May 2004: Competition authorities investigate Stora Enso premises (updated) - 10 June 2004: Stora Enso takes action to respond to the competition authority investigations The Department of Justice press release is available on the Antitrust Division website at www.usdoj.gov/atr. www.storaenso.com www.storaenso.com/investors STORA ENSO OYJ p.p. Jukka Marttila Leena Bergqvist