FORTUM CORPORATION'S BOARD COMMITTEES

Fortum Corporation STOCK EXCHANGE RELEASE 16 March 2006 1(1)


FORTUM CORPORATION'S BOARD COMMITTEES

Fortum's Board of Directors has elected, from among its members, Peter Fagernäs
(Chairman), Esko Aho, Marianne Lie and Matti Lehti to the Nomination and
Compensation Committee.

Birgitta Kantola (Chairman), Birgitta Johansson-Hedberg and Christian Ramm-
Schmidt were elected to the Audit Committee.


Fortum Corporation
Carola Teir-Lehtinen
Senior Vice President, Corporate Communications


Distribution:

Helsinki Stock Exchange

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