Fortum to build more wind power in Sweden

FORTUM CORPORATION PRESS RELEASE 17 November 2015

Fortum and Skellefteå Kraft, a Swedish energy company, will build the fourth
phase of the Blaiken wind farm in Sweden consisting in total of 9 wind
turbines. Skellefteå Kraft will be responsible for the investment of six of the
turbines while Fortum will invest in three turbines. The value of Fortum's
investment is approximately EUR 10 million. The new wind turbines are expected
to start production in 2017.

With its current 90 wind turbines, Blaiken Wind is one of the biggest onshore
wind farms in Europe. Fortum owns 12 of these 90 turbines. Its annual
production is estimated to be between 600 and 720 GWh, which is equivalent to
the annual electricity consumption of 150,000 households. The construction of
the wind farm began in 2011.

Per Langer, Executive Vice President, Hydro power and technology division,
Fortum, says that Fortum is very happy to continue the good cooperation with
Skellefteå Kraft, which has long experience in wind power production.

Fortum Corporation
Corporate Communications

Further information:
Jens Bjöörn, Senior Manager, Corporate Relations, +46 70 298 41 25

Fortum
Fortum’s purpose is to create energy that improves life for present and future
generations. Fortum’s expertise is in CO2-free and efficient electricity and
heat production. The company also offers energy-related products and expert
services to private and industrial customers and energy producers. Fortum’s
main areas of operation are the Nordic and the Baltic countries, Russia and
Poland. In 2014, the annual sales (excluding the divested electricity
distribution business) totalled EUR 4.1 billion, and comparable operating
profit was EUR 1.1 billion. The company employs approximately 8,000 people.
Fortum’s share is listed on Nasdaq Helsinki. www.fortum.com