FORTUM SHARES SUBSCRIBED FOR WITH SHARE WARRANTS RELATING TO FORTUM’S 1999 WARRANT BOND TO EMPLOYEES AND TO THE 1999 MANAGEMENT STOCK OPTION SCHEME

Shares, which have been subscribed for and paid to the company between 15 October and 5 December 2002 based on the share warrants relating to Fortum Corporation’s 1999 warrant bond to the employees, and shares, which have been subscribed for and paid to the company between 1 October and  5 December 2002 relating to Fortum Corporation’s 1999 management stock option scheme, will be traded on the Main List of the Helsinki Exchanges starting on 20 December 2002, together with the old shares.

                   

A total of 13,900 Fortum Corporation shares were subscribed for with the share warrants relating to Fortum Corporation’s 1999 warrant bond to employees, while a total of 3,000 shares were subscribed for with the share warrants relating to Fortum Corporation’s 1999 management stock option scheme. The increase in the share capital resulting from the share subscriptions, a total of EUR 57,460.00, has been entered into the trade register on 19 December 2002. After the increase, Fortum Corporation’s share capital is EUR 2,875,583,847.00 and the total number of shares is 845,759,955. Following the share subscriptions, Fortum Corporation’s shareholders’ equity increased by a total of EUR 77,434.00.

 

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, 19 December 2002.

 

Basic data of Fortum Corporation share on 20 December 2002:

 

Trading code: FUM1V
ISIN code:
FI0009007132
Number of shares:
845,759,955

 

 

Fortum Corporation

 

Carola Teir-Lehtinen
Senior Vice President, Corporate Communications

 

Further information:
Seppo Viitanen, Group Treasurer, tel. +358 10 452 4477

 

Distribution:
Helsinki Exchanges
www.fortum.com