NOTIFICATION REFERRED TO IN CHAPTER 2, SECTION 9 OF THE FINNISH SECURITIES MARKET ACT ON AN AGREEMENT RESULTING IN A POSSIBLE CHANGE IN OWNERSHIP OF FORTUM OYJ.

Citigroup Global Markets Limited has recently informed Fortum Oyj about the following in relation to their agreement with the Republic of Finland regarding an accelerated bookbuilt offering of Fortum Corporation’s shares:

A.       Target company: Fortum Corporation (business identity        code: 1463611-4)

 

B.       Date of the agreement: 2 June 2005

 

C.   Citigroup Global Markets’ holding in Fortum Corporation may as a result of the agreement increase to 62,900,000 shares corresponding to 7.21 per cent of the share capital and voting rights in Fortum Corporation.

 

D.   Fortum Corporation’s share capital comprises 871,854,198 shares that carry a total of 871,854,198  votes.

E.   Full name of notifying party: Citigroup Global Markets Limited.

 

 

Fortum Corporation

 

Carola Teir-Lehtinen
Senior Vice President, Corporate Communications

 

 

Distribution:
Helsinki Stock Exchange
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