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Stock exchange release

SHARE REPURCHASE 26.10.2007

26 October 2007 at 18:30 EEST

Fortum Corporation ANNOUNCEMENT 26.10.2007

SHARE REPURCHASE 26.10.2007

In the Helsinki Stock Exchange

Trade date 26.10.2007
Bourse trade BUY
Share FUM1V
Amount 400.000 shares
Total cost 11.935.284,48 EUR
Average price/ share 29,8382 EUR
Highest price/ share 30,20 EUR
Lowest price/ share 29,61 EUR

Fortum Corporation now holds a total of 2.390.000 shares
including the shares repurchased on 26.10.2007.

On behalf of Fortum Corporation

NORDEA BANK FINLAND PLC

Petri Simberg Jarkko Järvinen

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