Fortum and Nissan to co-operate in domestic charging services for electric cars in Estonia

PRESS RELEASE 5 April 2012

A home charging package has been created in Estonia for owners of the 100%
electric Nissan LEAF to ensure they can recharge their car as efficiently and
as safely as possible. The system has been developed in partnership with
Fortum, Nissan’s Electric Mobility Operator (EMO), and we will be introduced in
April at start of sales.

A dedicated charging point will ensure convenient, optimal and safe charging
and also provides additional capacity for battery warm-up in cold conditions.
With a 16A cable, charging takes less than eight hours, making it considerably
faster than charging with the power cable that comes with the Nissan LEAF. For
a price of 998 EUR, Fortum will inspect household's electrical installation,
make sure it complies with all safety regulations and perform the installation
of the dedicated charging point. A state subsidy of 1,000 EUR will cover the
recharging device, home delivery and installation, ultimately making the whole
package free of charge to customers.

“Fortum’s charging service for electric vehicles provides electric vehicle
owners with charge units for home and workplace to charge vehicles as
effectively and safely as possible,” says Juha Stenberg, Sales Director of
Fortum’s recharging services unit.

“The practical charging system is an important part of the Nissan LEAF launch
in the Estonian market. As a result, the owners of Nissan LEAF can enjoy his
independence from petrol stations with increasing fuel prices and use their own
home recharging points in the same way as public recharging stations,” says
Margus Mikk, Country Manager of Nissan Nordic Europe in the Baltics.

Nissan LEAF sales in Estonia started on the April 2, 2012. Private customers
may now apply for an incentive from government up to 18,000 EUR, making Nissan
LEAF price around 22,000 EUR and 1,000 EUR subsidy for home charging unit. In
addition, the goal of the Estonian government is to provide quick charging in
all urban areas with more than 5,000 residents. The intention is to install
quick charging stations along the main roads at 50-kilometre intervals, which
is the highest density of DC charging stations in Europe. Electric mobility
investments are funded by the Green Investment Scheme, funded by the KredEx
export credit company as part of the government plan to reduce carbon dioxide

Electric vehicles are an important part of energy solutions in the near future
because they provide a means for restraining carbon dioxide emission caused by
Fortum Corporation
Corporate Communications

Additional information:
Juha Stenberg, Sales Director, Fortum Corporation, tel. +358 400 575 579


Fortum's purpose is to create energy that improves life for present and future
generations. We provide sustainable solutions that fulfil the needs for low
emissions, resource efficiency and energy security, and deliver excellent value
to our shareholders. Our activities cover the generation, distribution and
sales of electricity and heat as well as related expert services.
Fortum's operations focus on the Nordic countries, Russia, Poland and the
Baltics. In the future, the integrating European and fast-growing Asian energy
markets provide additional growth opportunities. In 2011, Fortum’s sales
totalled EUR 6.2 billion and comparable operating profit was EUR 1.8 billion.
We employ approximately 10,800 people. Fortum’s shares are quoted on NASDAQ OMX

Further information:

Nissan LEAF

Nissan LEAF is a sleek five door hatchback with a driving range of 175km* as
tested over the New European Driving Cycle (NEDC) making it an attractive and
practical alternative for many urban drivers. Recharging from empty to 100% can
be done in eight hours with a 16A home charger and in about 30 minutes from
empty to 80% using a quick charger in optimal conditions. LEAF has been awarded
with maximum five safety stars in Euro NCAP tests, making it one of the safest
cars in Europe and the only EV with maximum safety rating so far. Nissan LEAF
has also been honored with the title “Car of the Year 2011” in both the global
and European competition.

Interested customers should head to the Nissan website - -
where they can find more details about the ground-breaking car and sign-in to
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