Business News

Stora Enso: Announcement with reference to Chapter 2, paragraph 10 of the Finnish Securities Markets Act

Thursday 02. April 2009 - Stora Enso Oyj was informed on 1 April 2009 that the number of shares in the Company held by the funds managed by Orbis Investment Management Limited, Orbis Asset Management Limited and Orbis Portfolio Management (Europe) LLP has increased above 5% of the of the paid-up share capital and the number of shares in Stora Enso Oyj on 31 March 2009.

With reference to Chapter 2, paragraph 10 of the Finnish Securities Markets Act, Stora Enso Oyj is reporting that as of 31 March 2009 the shareholding of funds managed by Orbis Investment Management Limited, Orbis Asset Management Limited and Orbis Portfolio Management (Europe) LLP is as follows:

——————————————————————————–
| Orbis Investment Management | Number of | Number of | % of | % of |
| Limited, | shares | votes | shares | votes |
| Orbis Asset Management | | | | |
| Limited, | | | | |
| Orbis Portfolio Management | | | | |
| (Europe) LLP | | | | |
——————————————————————————–
| R shares | 40 594 | 4 059 404 5.14 | 1.70 |
| | 041 | | | |
——————————————————————————–

The holding of funds managed by Orbis Investment Management Limited, Orbis Asset Management Limited and Orbis Portfolio Management (Europe) LLP has been calculated according to the share capital registered on 31 March 2009.