Stora Enso has acquired Polish State s shares in Stora Enso Poland


Stora Enso Oyj Stock Exchange Release14 August 2007 at 09.00 GMT

Stora Enso has today acquired 28% of the shares in Stora Enso Poland
(formerly Intercell S.A.) from the State of Poland at a price of EUR
64 million. Following this acquisition, Stora Enso holds 95% of the
shares in the company. The remaining shares, owned by the Polish
State, will be distributed to current and retired employees of Stora
Enso Poland. Stora Enso intends to purchase these remaining shares as
soon as feasible. The total purchase cost of the initial 66%
shareholding acquired in 2004 and today's acquisition is EUR 194
million. The enterprise value of the acquisition on a cash- and
debt-free basis for the whole of Stora Enso Poland is approximately
EUR 149 million. Stora Enso Poland's sales in 2006 were EUR 194
million."The demand for corrugated packaging in Central and Eastern Europe is
increasing rapidly due to healthy economic growth and investment in
manufacturing industries. We are currently considering the further
expansion of our corrugated packaging operations in Poland, in order
to consolidate Stora Enso's position as a leading supplier in the
fast growing Polish market," says Veli-Jussi Potka, Senior Vice
President of Stora Enso Packaging Board.

Ongoing analyses include a study into securing the containerboard
supply for Stora Enso's corrugated packaging plants by possibly
building a new containerboard machine. Stora Enso's Ostroleka mill
site would provide one potential location for this, owing to its
advantageous location including access to recycled raw material,
which can be supplied by Stora Enso Recycling in Poland. The studies
are expected to be completed by the end of 2007.


For further information, please contact:
Veli-Jussi Potka, SVP, Packaging Board, Industrial Packaging, tel.
+358 2046 21486
Kari Vainio, EVP, Corporate Communications, tel. +44 7799 348 197
Keith B Russell, SVP, Investor Relations, tel. +44 7775 788 659


The Stora Enso Industrial Packaging business area is part of the
Stora Enso Packaging Board division. The Industrial Packaging
business area produces corrugated packaging, containerboards, cores
and coreboard, laminating papers, paper sacks and sack kraft paper.


Stora Enso Poland, which is part of the Stora Enso Industrial
Packaging business area, operates paper and packaging businesses in
Poland. Its Ostroleka mill has a capacity of 260 000 tonnes of
containerboards, sack kraft paper and MG paper per year. With its
plants at Lodz, Tychy, Ostroleka and Mosina, the company has an
annual corrugated packaging capacity of 380 million square metres.
Stora Enso Recycling collects 240 000 tonnes of fibre-based materials
annually. Stora Enso Poland has 1 800 employees.


Previous press releases concerning Stora Enso's activities of
corrugated business in Poland are available at
www.storaenso.com/press

-          29 October 2004: Stora Enso to acquire majority in
Intercell of Poland
-          7 March 2007: Stora Enso expands its corrugated packaging
business in Eastern Europe and Russia

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

STORA ENSO OYJ


p.p        Jukka Marttila                                       Leena
Bergqvist