0001193125-04-006654 Sample Contracts

SUPPLEMENTAL AGREEMENT TO DEPOSIT AGREEMENT
Deposit Agreement • January 21st, 2004 • Stora Enso Corp • Papers & allied products • New York

SUPPLEMENTAL AGREEMENT TO DEPOSIT AGREEMENT, dated as of January 20, 2004 (this “Agreement”), to the Deposit Agreement (as defined below), by and among Stora Enso Oyj, a company incorporated in the Republic of Finland, and its successors (the “Company”), Deutsche Bank Trust Company Americas, a New York banking corporation and an indirect wholly owned subsidiary of Deutsche Bank AG, in its capacity as the successor depositary (the “Depositary”), and all Holders and Beneficial Owners from time to time of American Depositary Shares evidenced by American Depositary Receipts issued thereunder (as defined in the Deposit Agreement).

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