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Stora Enso Makes Two Key Appointments

Press release from the issuing company

HELSINKI, Finland, July 8 -- Stora Enso today announced that Hannu Kasurinen has been appointed Senior Vice President, Strategy and Business Development, Stora Enso Paper, as of 1 August 2004. He will report to Kai Korhonen, Senior Executive Vice President, Stora Enso Paper and will be based in Helsinki. Mr Kasurinen, 41, is currently Senior Vice President and Group Treasurer, Financial Services and Risk Management. He joined the Group in 1993. Markus Rauramo has been appointed Senior Vice President and Group Treasurer, Financial Services, as of 1 August 2004. He will report to Esko Makelainen, CFO and will be based in London. Mr Rauramo, 36, is currently Vice President, Corporate Strategy and Investments. He joined the Group in 1993.

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