FORTUM MAKES 25.1 % CAPACITY RESERVATION OF NEW FINNISH NUCLEAR REACTOR

Yesterday, 17th November 2003, Fortum made its reservation, equal to approximately 400 MW of the new nuclear power plant capacity, to Teollisuuden Voima Oy (TVO). The reservation is conditional to having agreement on the necessary documents and agreements between all parties, the final terms and conditions regarding financing and the direct and indirect participants in the project including their stakes.

 

Fortum's Board of Directors will make the final decision in the matter.

 

Fortum Corporation

Corporate Communications