Mr Christian Lundberg (46)  from Sweden has been appointed to head Fortum Markets and join the Corporate Executive Committee as of February 1st, 2003. In his new position, Mr Lundberg will report to Mikael Lilius, President and CEO of Fortum.


Fortum Markets is the second biggest retailer of electricity in the Nordic area with about 1.3 million customers in Sweden and Finland. Retail sale of heating oil on the Finnish market is another significant business area. The head office of Fortum Markets is in Stockholm.


With his wide experience in sales and marketing Mr Lundberg is in an excellent position to lead Fortum Markets in its highly competitive environment.


Christian Lundberg has a career spanning over 20 years from the IT industry. In recent years he has held several leading positions within Microsoft´s Nordic/Baltic operations including the General Manager position for Sweden and Regional Directorship for the whole  Nordic/Baltic area.


Corporate Communications


For further information, please contact:


Mr Mikael Lilius, President and CEO, tel. +358 10 452 9100

Mrs Carola Teir-Lehtinen, Senior Vice President, Corporate Communications, tel. +358 50 452 4118