Stora Enso is selling warehouses and office properties in

Stora Enso Oyj Stock Exchange Release 19 June 2007 at 12.30 GMT

Stora Enso's subsidiary paper merchant Papyrus has sold warehouses
and office properties in Sweden and Denmark to the Swedish listed
property company Kungsleden. The total value of the cash deal, which
will have a positive impact on Stora Enso's cash flow in the second
and third quarter of 2007, is SEK 525 (EUR 56) million. A capital
gain of approximately SEK 270 (EUR 29) million will be recorded as a
non-recurring item in Stora Enso's merchant segment's second quarter
results. The objective of this divestment of real estate is to
release capital in order to strengthen the business and improve
profitability.

The divested real estate is located in Stockholm, Norrköping,
Holsbybrunn and Mölndal in Sweden and Copenhagen in Denmark.

For further information, please contact:
Mats Nordlander, President of Papyrus, tel. +46 703 370890
Kari Vainio, Executive Vice President, Corporate Communications, tel.
+44 7799 348 197
Keith B Russell, Senior Vice President, Investor Relations, tel. +44
7775 788 659
Ulla Paajanen-Sainio, Vice President, Investor Relations and
Financial Communications,
tel. +358 2046 21242

www.storaenso.com
www.storaenso.com/investors


Papyrus is a wholly-owned paper merchanting subsidiary of Stora Enso
with net sales of EUR 1907 million in 2006. Papyrus holds a leading
market position in continental Europe and is Europe's second-largest
paper merchant. It supplies 1.8 million tonnes of paper annually.
Papyrus currently has a presence in 20 European countries and employs
3150 people.
Papyrus is represented locally both under its own brand name and as
Schneidersöhne, Papeteries de France, Sihl+Eika, Scaldia,
Classen-Papier and Giger Papier. Although Papyrus operates under
different names, it has a coherent one-company commitment to offering
quality products, high service levels and superior logistical
solutions.

STORA ENSO OYJ



p.p.      Jussi Siitonen                Anne Asmundi
Stora Enso is selling warehouses and office properties in Sweden and Denmark
