FORTUM INCREASES STAKE IN FORTUM WROCLAW S.A.

Fortum Corporation STOCK EXCHANGE RELEASE 27 January 2006

FORTUM INCREASES STAKE IN FORTUM WROCLAW S.A.

Fortum´s rapid expansion in Poland continues, as its shareholding in the
district
heating company Fortum Wroclaw S.A. (former MPEC Wroclaw S.A.) has increased to
over 90%. This is a result of Fortum's public tender to the shareholders of the
company in October. The public tender was completed on 24 January 2006.

Fortum now holds 45,617,912 shares in Fortum Wroclaw S.A., which represent
approximately 90.2% of the share capital and approximately 94.4% of the voting
rights at the General Meeting of Fortum Wroclaw S.A.

Today Fortum has also announced a public tender to acquire all the remaining
shares in the company and its intention to delist the company from the Warsaw
Stock Exchange.


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


Further information:

Timo Karttinen, Senior Vice President, Corporate Development, Fortum
Corporation,
phone + 358 10 453 6555, GSM +358 50 453 6555
Risto Riekko, President, Fortum Heat, phone + 358 10 453 4485, GSM +358 50 453
4485

Distribution:
Helsinki Stock Exchange
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