Fortum shares subscribed for with share warrants

Fortum Corporation
Stock exchange announcement
8.9.2008 at 10.15 EET

Fortum shares subscribed for with share warrants

The following Fortum shares, subscribed for with Fortum Corporation's share
warrants and paid to the company, will be traded on the Main List of the OMX
Nordic Exchange Helsinki starting on 9 September 2008, together with the old
shares.

--------------------------------------------------------------------------------
| Name of scheme                        |  Subscription period |      Quantity |
--------------------------------------------------------------------------------
| Share Option Scheme 2002B for key     |  12.5.2008-29.8.2008 |       325,987 |
| employees                             |                      |               |
--------------------------------------------------------------------------------


The increase in share capital resulting from the share subscriptions, totalling
1,108,355.80 EUR, was entered in the Trade Register on 8 September 2008.
Following this increase, Fortum Corporation's share capital is EUR
3,043,297,262.00 and the total number of shares is 887,517,430. Following the
share subscriptions, the shareholders' equity of Fortum Corporation increased by
a total of EUR 1,108,355.80.

Identifiers of Fortum Corporation share on 9 September 2008:

Trading code: FUM1V
ISIN code: FI0009007132
Number of shares: 887,517,430

The intention is that the next time share subscriptions related to the Fortum
Share Option Scheme 2002B are registered will be approximately on 8 December
2008, when the new shares subscribed for by 28 November 2008 will be registered.


Fortum Corporation
Maria Romantschuk
Senior Vice President, Corporate Communications

Further information:
Jouni Huttunen, Head of Treasury Management, +358 10 45 24649

Distribution:
OMX Nordic Exchange Helsinki
Key media
www.fortum.com