Fortum signs new EUR 2.5 billion revolving loan facility

Fortum Corporation has signed a EUR 2,500 million syndicated Revolving Credit
Facility. The proceeds of the committed facility will be used for general
corporate purposes and to refinance the two existing loan facilities signed in
December 2004 and April 2008.

The facility has an initial maturity of five years with an extension option of
up to seven years. The margin on the loan is 0.375% p.a. and utilisation fee is
0.15 % p.a. if more than 1/3 of the facility is drawn. If more than 2/3 of the
facility is drawn, the utilisation fee is 0.30 % p.a.

A very successful syndication raised commitments worth EUR 4,000 million from
the invited banks. A total of 20 banks participated the facility.

Barclays Capital and Nordea acted as coordinators of the Facility. Other
participating banks are Bank of China, The Bank of Tokyo-Mitsubishi UFJ, BNP
Paribas, Citi, Danske, Deutsche, DnB NOR, Handelsbanken, ING, Intesa Sanpaolo,
Mizuho, Morgan Stanley, Pohjola, The Royal Bank of Scotland, SEB, Société
Générale, Swedbank and Unicredit.

Fortum Corporation
Corporate Communications

More information:
Jan Seveborg, Group Treasurer, tel. +358 10 45 29164
Jouni Huttunen, Head of Treasury Management, tel. +358 50 45 24649