Pekka Laaksonen, Senior Executive Vice President, Fine Paper and member of the Executive Management Group (EMG), has accepted the position of CEO with Valio Ltd. Valio is the largest dairy company in Finland. Pekka Laaksonen will relinquish his current duties with Stora Enso by 15 August 2007. His successor will be announced in due course. For further information, please contact: Jukka Härmälä, CEO, tel. +358 2046 21404 www.storaenso.com www.storaenso.com/investors STORA ENSO OYJ p.p. Jussi Siitonen Jukka Marttila