Franklin Resources has Decreased its Shareholding in Stora Enso

Franklin Resources has Decreased its Shareholding in Stora Enso

September 26, 2007

    HELSINKI, Finland, Sept. 26 /Xinhua-PRNewswire/ --
Stora Enso Oyj was informed on 21 September 2007 that the
shares in the Company held by the affiliated investment
advisers of Franklin Resources, Inc. has fallen under 5% of
the paid-up share capital on 20 September 2007.

    With reference to Chapter 2, paragraph 10 of the
Finnish Securities Markets Act, Stora Enso Oyj is reporting
that as of 20 September 2007 the total shareholding of funds
managed by affiliated investment advisers of Franklin
Resources, Inc. is as follows:


    Franklin Resources, Inc.  Number of shares  % of shares
 % of votes
    Series R shares             37,810,155         4.79    
    1.58


    In addition, voting rights by affiliated advisers of
Franklin Resources, Inc. under account management
agreements were 1.22% of the total voting rights.

    The holding of Franklin Resources, Inc. has been
calculated according to the share capital registered on 20
September 2007.
 
    Stora Enso Oyj

    Stora Enso is an integrated paper, packaging and forest
products company producing publication and fine paper,
packaging board and wood products -¨C all areas in which
the Group is a global market leader. Stora Enso's sales
totalled EUR 14.6 billion in 2006. The Group has some
44,000 employees in more than 40 countries on five
continents. Stora Enso has an annual production capacity of
16.5 million tonnes of paper and board and 7.4 million cubic
metres of sawn wood products, including 3.2 million cubic
metres of value-added products. Stora Enso's shares are
listed in Helsinki, Stockholm and New York.  

    http://www.storaenso.com
    http://www.storaenso.com/investors


    For further information, please contact:

     Keith B Russell, SVP 
     Investor Relations
     Tel:   [phone]

     Ulla Paajanen-Sainio, VP
     Investor Relations and Financial Communications
     Tel:   [phone]