updated 9/2/2010 6:16:52 AM ET 2010-09-02T10:16:52

HELSINKI, Finland, Sept. 2, 2010 (GLOBE NEWSWIRE) -- The Finnish daily newspaper Helsingin Sanomat published an article on Thursday 2 September 2010 concerning a possible newsprint joint venture between Stora Enso, Holmen and Norske Skog.

Stora Enso confirms that there are no discussions ongoing concerning the matter mentioned in Helsingin Sanomat.

Stora Enso is a global paper, packaging and wood products company producing newsprint and book paper, magazine paper, fine paper, consumer board, industrial packaging and wood products. The Group is the world leader in forest industry sustainability. We offer our customers solutions based on renewable raw materials. Our products provide a climate-friendly alternative to many non-renewable materials, and have a smaller carbon footprint. Stora Enso is listed in the Dow Jones Sustainability Index and the FTSE4Good Index. Stora Enso employs some 27,000 people worldwide, and our sales in 2009 amounted to EUR 8.9billion. Stora Enso shares are listed on NASDAQ OMX Helsinki (STEAV, STERV) and Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY) in the International OTCQX over-the-counter market.

STORA ENSO OYJ

Jari Suvanto

Ulla Paajanen-Sainio

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