ANNOUNCEMENT IN ACCORDANCE WITH SECTION 9 OF CHAPTER 2 OF THE SECURITIES MARKETS ACT OF CHANGE IN SHARE OWNERSHIP

Fortum Power and Heat Oy, Business ID 0109160-2 (Fortum) has today on 2 February 2006 concluded a contract with E.ON Nordic AB, according to which Fortum will purchase all the 10,246,565 shares in E.ON Finland Oyj, Business ID 0100468-7 (E.ON Finland) which are owned by E.ON Nordic AB and entitle to a 65.56 per cent share in the company’s share capital and voting rights.
 
A precondition for the entry into force of the transaction is that the Finnish Competition Authority approves the transaction.
 
In accordance with section 9 of chapter 2 of the Securities Markets Act we announce that in case the transaction is implemented, Fortum’s share in E.ON Finland will exceed half of the share capital and the voting rights and will be the following:
 
 
Number of shares
Share in the share capital
Share of the voting rights
Shares
10,246,565
65.56 per cent
65.56 per cent
 
Fortum and the City of Espoo have also on 18 January 2006 concluded an agreement according to which Fortum will purchase all the 5,351,859 shares in E.ON Finland owned by the City of Espoo, which entitle to a 34.2 per cent share in the company’s share capital and voting rights. A precondition for entry into force of the transaction is that the 10,246,565 shares in E.ON Finland which are owned by E.ON Nordic AB have been transferred into the ownership of Fortum.
 
When Fortum purchases the shares in E.ON Finland owned by both the City of Espoo and E.ON Nordic AB, Fortum will receive into its possession a total of 15,598,424 shares, which entitle to a 99.8 per cent share in the share capital and voting rights of E.ON Finland.
 
The share capital of E.ON Finland is comprised of 15,628,533 shares in total. The shares entitle to a total of 15,628,533 votes.
 
 
In Espoo 2 February 2006
 
FORTUM  OYJ
Carola Teir-Lehtinen
SVP, Corpporate Communications
 
 
Distribution:
E.ON Finland Oyj, telefax 020 520 5888
Financial Supervision, telefax 010 831 5230