SHARE REPURCHASE 23.10.2007

Fortum Corporation ANNOUNCEMENT 23.10.2007


SHARE REPURCHASE 23.10.2007

In the Helsinki Stock Exchange

Trade date 23.10.2007
Bourse trade BUY
Share FUM1V
Amount 400.000 shares
Total cost 11.438.844,26 EUR
Average price/ share 28,5971 EUR
Highest price/ share 28,96 EUR
Lowest price/ share 28,40 EUR


Fortum Corporation now holds a total of 1.200.000 shares
including the shares repurchased on 23.10.2007.


On behalf of Fortum Corporation

NORDEA BANK FINLAND PLC

Petri Simberg Jarkko Järvinen