Stora Enso Finalises Partial Divestment of Stora Enso Arapoti to Arauco

Stora Enso (NYSE: SEO) today announced that it has finalised the partial divestment of Stora Enso Arapoti in Brazil to Arauco as anticipated in the announcement on 27 September 2007. Stora Enso sold 100% of the Arapoti sawmill, 80% of the shares of the forest holding company and 20% of the shares of the coated paper mill company to Arauco. The total consideration is USD 208 million (EUR 144 million).

Stora Enso Arapoti comprises a coated paper mill company (capacity 205 000 tonnes of LWC paper per year), a sawmill (capacity 150 000 m^3 per year) and a forest plantations company (30 000 hectares of plantations).

 For further information, please contact: Tim Laatsch Senior Vice President, Communications Stora Enso North America tel. 715 422 4023 www.storaenso.comwww.storaenso.com/investors

SOURCE: Stora Enso Oyj