Stora Enso s non-recurring items in first quarter 2007


Stora Enso Oyj Stock Exchange Release 16 April 2007 at 13.00 GMT

Stora Enso will record two non-cash, non-recurring items affecting
operating profit totalling positive net EUR 32 million in its first
quarter 2007 results. The non-recurring items will increase tax
expenses by EUR 16.7 million. There will be a positive impact of EUR
0.02 on earnings per share.

As previously announced, a new five-year labour agreement was signed
in January 2007 with United Steelworkers in Central Wisconsin, USA.
Subsequently, the Group signed new agreements with other unions in
the paper industry in the USA. Therefore, in addition to the earlier
announced USD 40.8 million income, the Group is recording USD 16.9
million of income relating to the new agreements. The total
non-recurring income of USD 57.7 (EUR 44.0) million will
correspondingly reduce personnel expenses in the first quarter of
2007.

As announced on 7 March 2007, the Company will also record a
write-down and restructuring provision totalling about EUR 12 million
related to closure of Sauga Sawmill in Estonia.


Net impacts on operating profit by segment are:

Publication Paper          EUR 13.3 million
Fine Paper                    EUR 19.2 million
Packaging Boards         EUR 4.3 million
Wood Products            EUR -12.0 million
Other               EUR 7.2 million
Total                EUR 32.0 million

For more information, please contact:
Hannu Ryöppönen, CFO, tel. +44 20 7016 3114
Keith B Russell, SVP, Investor Relations, tel. +44 7775 788 659
Ulla Paajanen-Sainio, VP, Investor Relations and Financial
Communications,
tel. +358 2046 21242

www.storaenso.com

STORA ENSO OYJ


p.p.      Leena Bergqvist            Jussi Siitonen