STORA ENSO OYJ STOCK EXCHANGE RELEASE 7 May 2010 at 06.00 GMT Stora Enso has signed an agreement with the European Investment Bank (EIB) for a EUR 165 million loan to be used for research and development. The loan agreement is part of the commitment by EIB to lend altogether EUR 230 million to Stora Enso, including the EUR 65 million loan announced on 10 February 2010. “We have a long and good relationship with EIB. This is its third loan for Stora Enso's research and development projects. We are pleased with the competitive terms of the loan,” says Stora Enso CFO Markus Rauramo. “Stora Enso invested EUR 71.1 million in research and development in 2009. Research and development concentrates on steering of networked strategic research as well as operations and product development in three research centres: Imatra in Finland, Karlstad in Sweden and Mönchengladbach in Germany. The Packaging Business Area, for instance, focuses its research and development on sustainable fibre-based packaging materials and solutions,” says Jukka Kilpeläinen, Senior Vice President, Group R&D. For further information, please contact: Jyrki Tammivuori, SVP, Group Treasurer, tel. +358 2046 21043 Ulla Paajanen-Sainio, Head of Investor Relations, tel. +358 2046 21242 www.storaenso.com www.storaenso.com/investors Stora Enso is a global paper, packaging and wood products company producing newsprint and book paper, magazine paper, fine paper, consumer board, industrial packaging and wood products. The Group 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 listed in the Dow Jones Sustainability Index and the FTSE4Good Index. Stora Enso employs some 27 000 people worldwide, and our sales in 2009 amounted to EUR 8.9 billion. Stora Enso shares are listed on NASDAQ OMX Helsinki (STEAV, STERV) and Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY) in the International OTCQX over-the-counter market. STORA ENSO OYJ Jari Suvanto Ulla Paajanen-Sainio