Business News

AXA Group has increased its shareholding in Stora Enso

Thursday 06. March 2008 - Stora Enso Oyj was informed on 3 March 2008 that the shares in the Company held by AXA S.A. and its subsidiaries (AXA Group) has risen above 5% of the paid-up share capital on 7 September 2007 and above 10% of the paid-up share capital on 2 November 2007.

With reference to Chapter 2, paragraph 10 of the Finnish Securities Markets Act, Stora Enso Oyj is reporting that as of 7 September 2007 and 2 November 2007 the shareholding of AXA Group is as follows:

7 September 2007:

AXA Group

Number of shares

% of shares

% of votes

Series R shares

41 572 945

5.27

0.53

2 November 2007:

AXA Group

Number of shares

% of shares

% of votes

Series R shares

79 107 745

10.02

1.00

The holding of AXA Group has been calculated according to the share capital registered on 7 September 2007 and 2 November 2007 respectively.