The Market Court: Fortum not in a dominant market position

The Market Court decision today has overruled the conditional decision given by
the Finnish Competition Authority in June 2006 on the acquisition of E.ON
Finland. In the decision, the Finnish Competition Authority set conditions for
the completion of the acquisition. The conditions have already been fulfilled by

In their ruling, the Market Court stated that the Finnish Competition Authority
had no grounds for setting conditions, because Fortum cannot be considered to
have a dominant position in the power generation and wholesale market. According
to the Market Court, the relevant geographical market area in power generation
and wholesale consists of at least Finland and Sweden.

Fortum Corporation
Maria Romantschuk
SVP Corporate Communications

OMX Nordic Exchange Helsinki
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