Stora Enso has finalised the partial divestment of Stora Enso Arapoti in Brazil to Arauco as anticipated in the announcement on 27 September 2007. Stora Enso sold 100% of the Arapoti sawmill, 80% of the shares of the forest holding company and 20% of the shares of the coated paper mill company to Arauco. The total consideration is USD 208 million (EUR 144 million). Stora Enso Arapoti comprises a coated paper mill company (capacity 205 000 tonnes of LWC paper per year), a sawmill (capacity 150 000 m³ per year) and a forest plantations company (30 000 hectares of plantations). For further information, please contact: Kari Vainio, EVP, Corporate Communications, tel. +44 7799 348 197 Keith Russell, SVP, Investor Relations, tel. +44 7775 788 659 Ulla Paajanen-Sainio, VP, Investor Relations and Financial Communications, tel. +358 40 763 8767 Previous press releases regarding Stora Enso's activities in Latin America are available at www.storaenso.com/press: 27 September 2007: Stora Enso sells some shareholdings in Stora Enso Arapoti to Arauco 26 October 2006: Stora Enso initiates exclusive discussions with Arauco about joint ownership regarding Stora Enso Arapoti in Brazil 1 September 2006: Stora Enso finalises acquisition of Vinson Indústria de Papel Arapoti Ltda. and Vinson Empreendimentos Agricolas Ltda. in Brazil 22 August 2006: Stora Enso becomes the sole producer of coated mechanical paper in Latin America: The Group acquires assets from International Paper in Brazil 28 September 2005: Stora Enso is purchasing land in Brazil and Uruguay 26 September 2005: Stora Enso is purchasing land in Brazil and Uruguay 15 August 2005: Stora Enso's Oulu Mill receives first shipment of Veracel pulp 8 May 2003: Stora Enso and Aracruz announce decision to build Veracel pulp mill www.storaenso.com www.storaenso.com/investors Stora Enso Oyj pp. Leena Bergqvist Jukka Marttila