<B>Stora Dissolving Pulp Division</B>

Stora Enso will dissolve its Pulp Division and transfer the pulp mills to other divisions.

The non-integrated pulp mills will be reallocated as follows:

Celbi and Skutskar mills will be included in the Fine Paper Division

Norrsundet and Kemijarvi mills, and the 50% interest in the Sunila mill will be included in the Magazine Paper Division

Enocell mill will be included in the Packaging Boards Division.

The restructuring of the Pulp Division will not affect the operation of the pulp mills. The pulp balance will remain intact. Pulp sales, which will report to the Fine Paper Division, will continue its activities as before.

Implementation of the reorganization will be started immediately and completed by Sept. 1.

March 2001
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