Financial Review Quarterly Figures Risk Management Board Report Auditors' Report Share Governance Notes Financial Statements

Share Capital Share Listings and Registers Changes in Share Capital Incentive Programmes Shareholders Share Price Performance and Volumes Helsinki Stockholm New York Indices Key Share Ratios   FinancialsShareShare Price Performance and VolumesHelsinki Helsinki     The Stora Enso R (STERV) share price rose during 2004 by 6% (6% increase in 2003). During the same period the HEX All-Share index rose by 2%, the Helsinki Portfolio index rose by 12% and the HEX Forest Industry index rose by 2%.

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