SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN ISSUER

Pursuant to Rule 13a-16 or 15d-16 of

the Securities Exchange Act of 1934

For the month of September 2007

STORA ENSO CORPORATION

(Translation of registrant’s name into English)

Kanavaranta 1

P.O.Box 309

00101 Helsinki, Finland

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F X Form 40-F

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes No X


News Release		September 14, 2007 at 7.00 GMT



						Kanavaranta 1
						00160 Helsinki, Finland

						P.O. Box 309
						FIN-00101 Helsinki, Finland

						Tel +358 2046 131
						Fax +358 2046 21471

						www.storaenso.com

Stora Enso shares converted and North American stock options exercised

HELSINKI, Finland – Stora Enso (NYSE:SEO) today announced that during the 1–31 August 2007 conversion period there was one conversion and a total of 3 400 A shares were converted into R shares. The shares were recorded in the Finnish trade register today, 14 September 2007, and trading in the new R shares will start on 17 September 2007.

Breakdown of shares after conversion:


A shares		177 814 410
R shares		611 724 089
Total		789 538 499

Stora Enso North America Option Programme

Following the acquisition of Consolidated Papers, Inc. the Board of Directors decided to convert the Consolidated Papers’ share option plans into Stora Enso share option plans. During August 2007 a total of 173 R shares were subscribed against North American stock options. These R shares were previously held by the Company.

After the subscription the Company holds:


A shares		-
R shares		935 786

For further information, please contact:

Tim Laatsch, Senior Vice President, Communications, Stora Enso North America,

tel. 715 422 4023

www.storaenso.com

www.storaenso.com/investors

Stora Enso is an integrated paper, packaging and forest products company producing publication and fine paper, packaging board and wood products – all areas in which the Group is a global market leader. Stora Enso’s sales totalled EUR 14.6 billion in 2006. The Group has some 44 000 employees in more than 40 countries on five continents. Stora Enso has an annual production capacity of 16.5 million tonnes of paper and board and 7.4 million cubic metres of sawn wood products, including 3.2 million cubic metres of value-added products. Stora Enso’s shares are listed in Helsinki, Stockholm and New York.


						*Stora Enso Oyj*
						Business ID 1039050-8

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


Date: September 14, 2007	STORA ENSO CORPORATION

	By:	/s/ Hannu Ryöppönen
		Hannu Ryöppönen
		Senior Executive Vice President, Accounting and Legal affairs

	By:	/s/ Jyrki Kurkinen
		Jyrki Kurkinen
		General Counsel

STORA ENSO CORP 6-K