The District Court dismissed Metsähallitus’ claim concerning roundwood purchases in Finland in 1997–2005

STORA ENSO OYJ STOCK EXCHANGE RELEASE 22 June 2016 at 13.50 EET

In its ruling issued today, the Helsinki District Court dismissed Metsähallitus’
claim for damages against Stora Enso Oyj, Metsäliitto Cooperative and UPM
-Kymmene Oyj. The claim was based on the competition infringement found by the
Finnish Market Court in its decision on 3 December 2009.

According to Metsähallitus’ claim, the companies had caused damage to
Metsähallitus through the competition infringement found by the Market Court in
its decision on 3 December 2009. According to Metsähallitus, the companies had
purchased roundwood from Metsähallitus below market prices during 1997–2005.

Originally in 2011, Metsähallitus was claiming compensation for damage in a
capital amount of EUR 282.5 million. The claim was reduced during the legal
proceedings to EUR 159.4 million, of which approximately EUR 87.2 million were
based on roundwood transactions between Metsähallitus and Stora Enso.

Stora Enso considers the ruling by the District Court to be correct, and denies
that Metsähallitus suffered any damages.

For further information, please contact:
Liisa Nyyssönen, SVP, Communications, Press Finland, tel. +358 40 544 3491

Investor enquiries:
Ulla Paajanen-Sainio, SVP, Investor Relations, tel. +358 2046 21242

Stora Enso is a leading provider of renewable solutions in packaging,
biomaterials, wooden constructions and paper on global markets. Our aim is to
replace fossil based materials by innovating and developing new products and
services based on wood and other renewable materials. We employ some 26 000
people in more than 35 countries, and our sales in 2015 were EUR 10.0 billion.
Stora Enso shares are listed on Nasdaq Helsinki (STEAV, STERV) and Nasdaq
Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs
(SEOAY) on the International OTCQX over-the-counter market.
storaenso.com (http://www.storaenso.com/)

STORA ENSO OYJ
For further information, please contact:
Liisa Nyyssönen, SVP, Communications, Press Finland, tel. +358 40 544 3491

Investor enquiries:
Ulla Paajanen-Sainio, SVP, Investor Relations, tel. +358 2046 21242