Operations in 2002 Quarterly Data and Key Figures Board Report Consolidated Financial Statements Parent Company Financial Statements Financial Notes Auditors’ Report The Share Corporate Governance

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Stora Enso prepares its financial statements in accordance with IAS The Consolidated Financial Statements of Stora Enso have been prepared in accordance with International Financial Reporting Standards, including International Accounting Standards ("IAS") and Interpretations issued by the International Accounting Standards Board. Stora Enso is committed to its Corporate Governance The Financial and Audit Committee's main task is to assist the Board in fulfilling its controlling function. The Disclosure Committee was nominated in 2002 to supervise Group financial reporting. Quarterly data and key figures for 2002 Quarterly data, like sales and operating profit by product area, is available for 2001-2002, key figures for 1997-2002. All Financials tables can be downloaded as Excel files from Downloads section. Value creation To improve profitability, cash flow and capital structure, clear operational performance and financial targets has been set to focus management on business, thereby creating value for shareholders.