SHARE REPURCHASE  16.06.2006

Fortum Corporation ANNOUNCEMENT 16.06.2006


SHARE REPURCHASE 16.06.2006

In the Helsinki Stock Exchange

Trade date 16.06.2006
Bourse trade BUY
Share FUM1V
Amount 350.000 shares
Total cost 6.557.212,00 EUR
Average price/ share 18,7349 EUR
Highest price/ share 19,15 EUR
Lowest price/ share 18,38 EUR


Fortum Corporation now holds a total of 1.660.000 shares

including the shares repurchased on 16.06.2006.


On behalf of Fortum Corporation

NORDEA BANK FINLAND PLC

Petri Simberg Jari Villenheimo