FORTUM'S ANNUAL REPORT 2004 PUBLISHED

Fortum Corporation Stock Exchange Announcement
21 March 2005


FORTUM'S ANNUAL REPORT 2004 PUBLISHED

Fortum's Annual Report 2004 has been published in Finnish, Swedish and English.
A
PDF-version of the printed report and a Web Annual Report are available at
www.fortum.com. The Annual Report can be ordered from the same web address.

Fortum Corporation
Carola Teir-Lehtinen
Senior Vice President, Corporate Communications

Distribution:
Helsinki Stock Exchange
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