Business News

AXA Group has decreased its shareholding in Stora Enso

Monday 12. January 2009 - Stora Enso Oyj was informed on 12 January 2009 that the shares in the Company held by AXA S.A. and its subsidiaries (AXA Group) (trade register no. 572 093 920 RCS Paris) has decreased below 10% of the paid-up share capital on 5 January 2009.

With reference to Chapter 2, paragraph 10 of the Finnish Securities Markets Act, Stora Enso Oyj is reporting that as of 5 January 2009 the shareholding of AXA Group is as follows:

——————————————————————————–
| AXA Group | Number of | Number of | % of shares | % of |
| | shares | votes | | votes |
——————————————————————————–
| R shares | 78 69 | 78 696 | 9.97 | 3.30 |
——————————————————————————–

The holding of AXA Group has been calculated according to the share capital
registered on 14 November 2008.

http://www.storaenso.com
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