Stora Enso: Announcement with a reference to Chapter 9, Section 10 of the Finnish Securities Markets Act

Monday, March 21, 2016 7:02 AM UTC

HELSINKI, Finland, March 21, 2016 -- Stora Enso Oyj received on 18 March 2016 a notification under the Chapter 9, Section 10 of the Securities Markets Act, according to which the indirect holdings of BlackRock Inc. and its funds in Stora Enso's shares have increased over the threshold of 5% on 17 March 2016.

Total positions of BlackRock, Inc. and its funds according to the notification:

	% of shares and voting rights (total of A)	% of shares and voting rights through financial instruments (total of B)	Total of both in % (A + B)	Total number of shares and voting rights of issuer
Resulting situation on the date on which threshold was crossed or reached	4.14% shares Below 5% voting rights	0.89% shares Below 5% voting rights	5.03% shares Below 5% voting rights	788,619,987 shares 237,718,379 voting rights
Position of previous notification (if applicable)	Below 5% shares Below 5% voting rights	Below 5% shares Below 5% voting rights	Below 5% shares Below 5% voting rights

Notified details of the resulting situation on the date on which the threshold was crossed or reached:

A: Shares and voting rights

Class/type of shares	Number of shares and voting rights	Number of shares and voting rights	% of shares and voting rights	% of shares and voting rights
ISIN code (if possible)	Direct (SMA 9:5)	Indirect (SMA 9:6 and 9:7)	Direct (SMA 9:5)	Indirect (SMA 9:6 and 9:7)
FI0009005961		32,687,580 shares Below 5% voting rights		4.14% shares Below 5% voting rights
SUBTOTAL A		32,687,580 shares Below 5% voting rights		4.14% shares Below 5% voting rights

B: Financial Instruments according to SMA 9:6a

Type of financial instrument	Expiration date	Exercise/ Conversion period	Physical or cash settlement	Number of shares and voting rights	% of shares and voting rights
Securities Lent	N/A	N/A	Physical	4,513,250 shares Below 5% voting rights	0.57% shares Below 5% voting rights
CFD	N/A	N/A	Cash	2,477,910 shares Below 5% voting rights	0.31% shares Below 5% voting rights
Total Return SWAP	22 June 2016	N/A	Cash	67,000 shares Below 5% voting rights	0.00% shares Below 5% voting rights
			SUBTOTAL B	7,058,160 shares Below 5% voting rights	0.89% shares Below 5% voting rights

For further information, please contact:
Ulla Paajanen-Sainio, SVP, Investor Relations, tel. +358 2046 21242

Stora Enso is a leading provider of renewable solutions in packaging, biomaterials, wooden constructions and paper on global markets. Our aim is to replace fossil based materials by innovating and developing new products and services based on wood and other renewable materials. We employ some 26 000 people in more than 35 countries, and our sales in 2015 were EUR 10.0 billion. Stora Enso shares are listed on Nasdaq Helsinki (STEAV, STERV) and Nasdaq Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY) on the International OTCQX over-the-counter market. storaenso.com

STORA ENSO OYJ

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Stora Enso: Announcement with a reference to Chapter 9, Section 10 of the Finnish Securities Markets Act

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