STORA ENSO OYJ STOCK EXCHANGE RELEASE 22 July 2008 at 6.00 GMT Stora Enso Oyj was informed on 18 July 2008 that the shares in the Company held by Tradewinds Global Investors, LLC has risen above 5% of the paid-up share capital on 16 July 2008. With reference to Chapter 2, paragraph 10 of the Finnish Securities Markets Act, Stora Enso Oyj is reporting that as of 16 July 2008 the shareholding of Tradewinds Global Investors, LLC is as follows: -------------------------------------------------------------------------------- | Tradewinds | Number of shares | % of shares | % of votes | | Global | | | | | Investors, LLC | | | | -------------------------------------------------------------------------------- | Series R shares | 42 792 233 | 5.41 | 1.80 | -------------------------------------------------------------------------------- The holding of Tradewinds Global Investors, LLC has been calculated according to the share capital registered on 16 July 2008. For further information, please contact: Keith B Russell, SVP, Investor Relations, tel. +44 7775 788 659 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
Tradewinds Global Investors, LLC has increased its shareholding in Stora Enso
| Source: Stora Enso Oyj