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Dissolving of Stora Enso’s Pulp Division

Press release from the issuing company

4/10/01 - As announced in the press release of 20 March 2001, Stora Enso is dissolving its Pulp Division and transferrig the pulp mills to other divisions. The non-integrated pulp mills will be reallocated as follows: * Celbi and Skutskär mills will be included in the Fine Paper Division * Norrsundet and Kemijärvi mills, and the 50% interest in the Sunila mill will be included in the Magazine Paper Division * Enocell mill will be included in the Packaging Boards Division. Stora Enso will report its financial results by product area according to the new organization effective from the beginning of 2001.