STORA ENSO OYJ PRESS RELEASE 29 May 2009 at 14.15 GMT Sunila Oy has been loss-making since the beginning of the year because pulp prices have remained low and it has not been possible to reduce wood costs sufficiently. Sunila had to halt production due to slack market pulp sales, stoppages at customers' mills and declines in orders. Sunila Oy has laid off almost all of its personnel since the beginning of April due to the production curtailments. It has been decided to extend the production curtailments and related temporary lay-offs after the summer holiday stoppage until the end of September because there is no sign of an improvement in the market situation. Sunila Oy is 100% owned by Stora Enso Oyj. For further information, please contact: Jouni Kostama, Sunila Oy, Managing Director, tel. +358 5 2298111 www.storaenso.com www.storaenso.com/investors Stora Enso is the world leader in forest industry sustainability. We offer our customers solutions based on renewable raw materials. Our products provide a climate-friendly alternative to many non-renewable materials, and have a smaller carbon footprint. Stora Enso is included in the Global 100 list of the world's most sustainable companies. Stora Enso is also listed in the Dow Jones Sustainability Index, the FTSE4Good Index, and the Climate Disclosure Leadership Index. Stora Enso employs 29 000 people worldwide, and our sales in 2008 amounted to EUR 11.0 billion.
Stora Enso will continue production curtailment and lay-offs at Sunila Pulp Mill in July
| Source: Stora Enso Oyj