CORRECTION TO THE RELEASE ISSUED ON 31 OCTOBER 2002 AT 10.30 HOURS: THE NEW STOCK LOT IS 600 SHARES LOWER DUE TO THE ADJUSTMENT OF THE RELEVANT SUBSCRIPTION PERIOID

FORTUM SHARES SUBSCRIBED FOR WITH SHARE WARRANTS RELATING TO FORTUM’S 1999 WARRANT BOND TO EMPLOYEES

           

Shares, which have been subscribed for and paid to the company between 17 August and 14 October 2002 based on the share warrants relating to Fortum Corporation’s 1999 warrant bond to the employees, will be traded on the Main List of the Helsinki Exchanges starting on 1 November 2002, together with the old shares.

 

A total of 22,910 Fortum Corporation shares were subscribed for with the share warrants. The increase in the share capital resulting from the share subscriptions, a total of EUR 77,894.00, has been entered into the trade register on 31 October 2002. After the increase, Fortum Corporation’s share capital is EUR 2,875,526,387.00 and the total number of shares is 845,743,055. As a result of the share subscriptions, Fortum Corporation’s shareholders’ equity increased by a total of EUR 99,887.60.

 

According to the terms of subscription, the new shares will entitle to a dividend possibly paid by the company for the financial period of 2002. Other shareholder rights will become effective on the date of registration, 31 October 2002.

 

Basic data of Fortum Corporation share on 1 November 2002:


Trading code: FUM1V
ISIN code: FI0009007132
Number of shares: 845,743,055

 

Fortum Corporation

Carola Teir-Lehtinen
Senior Vice President, Corporate Communications

 

Further information:
Seppo Viitanen, Group Treasurer, tel. +358 10 45 24477

 

Distribution:
Helsinki Exchanges
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