Stora Enso sells Sampo shareholding

15 March 2006 – Helsinki (FIN): Stora Enso has sold all its 8,746,620 shares in insurance company Sampo Oyj for approximately €155 million ($186 million) as it looks to concentrate on its core businesses.  
Stora Enso will record a capital gain of €130 million as a non-recurring financial item in its Q1 2006 results.
The company also announced that following the acquisition of Consolidated Papers in 2000, the board of directors decided to convert the Consolidated Papers’ share option plans into Stora Enso share option plans.