HSE: FORTUM CORPORATION: SHARES SUBSCRIBED WITH OPTION RIGHTS

EXCHANGE NOTICE 252/2005, 9 June 2005 SHARES

FORTUM CORPORATION: SHARES SUBSCRIBED WITH OPTION RIGHTS

A total of 684 777 Fortum Corporation's shares have been
subscribed with the Fortum Corporation's 1999 bond with warrant
and a total of 96 000 shares have been subscribed with the
Fortum Corporation’s 1999 option rights and 158 500 shares have
been subscribed with the Fortum Corporation’s 2002A option rights.
The shares will be traded on the Helsinki Stock Exchange as old
shares as of 10 June 2005.

Identifiers of Fortum Corporation's share:

Trading code: FUM1V
ISIN code: FI0009007132
Orderbook id: 24271
Number of shares: 872 793 475


HELSINKI STOCK EXCHANGE
Janne Seppänen
Vice President Surveillance Finland