Stora Enso Oyj was informed on 3 March 2008 that the shares in the Company held by AXA S.A. and its subsidiaries (AXA Group) has risen above 5% of the paid-up share capital on 7 September 2007 and above 10% of the paid-up share capital on 2 November 2007. With reference to Chapter 2, paragraph 10 of the Finnish Securities Markets Act, Stora Enso Oyj is reporting that as of 7 September 2007 and 2 November 2007 the shareholding of AXA Group is as follows: 7 September 2007: -------------------------------------------------------------------------------- | AXA Group | Number of shares | % of shares | % of votes | -------------------------------------------------------------------------------- | Series R shares | 41 572 945 | 5.27 | 0.53 | -------------------------------------------------------------------------------- 2 November 2007: -------------------------------------------------------------------------------- | AXA Group | Number of shares | % of shares | % of votes | -------------------------------------------------------------------------------- | Series R shares | 79 107 745 | 10.02 | 1.00 | -------------------------------------------------------------------------------- The holding of AXA Group has been calculated according to the share capital registered on 7 September 2007 and 2 November 2007 respectively. For further information, please contact: Keith B Russell, SVP, Investor Relations, tel. +44 20 7016 3146 Ulla Paajanen-Sainio, VP, Investor Relations and Financial Communications, tel. +358 40 763 8767 www.storaenso.com www.storaenso.com/investors STORA ENSO OYJ Jyrki Kurkinen Ulla Paajanen-Sainio