STORA ENSO OYJ STOCK EXCHANGE RELEASE 25 March 2009 at 11.00 GMT Stora Enso Oyj was informed today 25 March 2009 that the number of shares in the Company held by AXA S.A. and its subsidiaries (AXA Group) (trade register no. 572 093 920 RCS Paris) has decreased below 5% of the of the paid-up share capital and the number of shares in Stora Enso Oyj on 19 March 2009. With reference to Chapter 2, paragraph 10 of the Finnish Securities Markets Act, Stora Enso Oyj is reporting that as of 19 March 2009 the shareholding of AXA Group is as follows: -------------------------------------------------------------------------------- | AXA Group | Number of | Number of | % of shares | % of | | | shares | votes | | votes | -------------------------------------------------------------------------------- | R shares | 39 091 126 | 3 909 113 | 4.95 | 1.64 | -------------------------------------------------------------------------------- The holding of AXA Group has been calculated according to the share capital registered on 15 January 2009. For further information, please contact: Keith B Russell, SVP, Investor Relations, tel. +44 20 7121 0910 Ulla Paajanen-Sainio, VP, Investor Relations and Financial Communications, tel. +358 2046 21242 www.storaenso.com www.storaenso.com/investors STORA ENSO OYJ Stora Enso is a global paper, packaging and forest products company producing newsprint and book paper, magazine paper, fine paper, consumer board, industrial packaging and wood products. The Group has 32 000 employees and 85 production facilities in more than 35 countries worldwide, and is a publicly traded company listed in Helsinki and Stockholm. Our annual production capacity is 12.7 million tonnes of paper and board, 1.5 billion square metres of corrugated packaging and 6.9 million cubic metres of sawn wood products, including 3.2 million cubic metres of value-added products. Our sales in 2008 were EUR 11.0 billion. p.p. Jukka Marttila Pia Aaltonen-Forsell