Stora Enso began repurchasing its own shares on the Helsinki stock exchange on 28 March 2001. By 30 June 2001 Stora Enso had purchased 476,600 A shares and 2,415,400 R shares. Own shares repurchased by 30 June 2001: A shares Amount 476,600 shares Average price/share EUR 11.94 Highest price/share EUR 12.50 Lowest price/share EUR 10.50 Total cost EUR 5,691,224 R shares Amount 2,415,400 shares Average price/share EUR 11.13 Highest price/share EUR 12.50 Lowest price/share EUR 10.34 Total cost EUR 26,874,562 The Annual General Meeting of Stora Enso on 20 March 2001 authorized the Board of Directors to repurchase not more than 9,679,000 Series A shares and not more than 35,586,000 Series R shares in the company, but not more than 5% of the votes or share capital. This authorization is valid up to and including 19 March 2002.