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Nordlander New Head of Papyrus

Press release from the issuing company

HELSINKI, Finland, Aug. 6 -- Stora Enso today announced that Mats Nordlander has been appointed Executive Vice President, Stora Enso's Merchants Division and President of Papyrus, effective from 1 September 2003. He will succeed Sven Rosman, who is retiring. Mr Nordlander will join Stora Enso's Management Group and report to Kai Korhonen, Senior Executive Vice President, head of Paper Product Area. Mats Nordlander, 42, is currently Vice President Marketing & Sales, Stora Enso Fine Paper. He joined the company in 1994. Stora Enso is an integrated paper, packaging and forest products company producing publication and fine papers, packaging boards and wood products, areas in which the Group is a global market leader. Stora Enso sales totalled EUR 12.8 billion in 2002. The Group has some 42 500 employees in more than 40 countries in five continents and about 15 million tonnes of paper and board annual production capacity. Stora Enso's shares are listed in Helsinki, Stockholm and New York.