Stock exchange release

CORRECTION OF ELECTRICITY CONSUMPTION FI

01 August 2003, 13:10 EEST

Fortum Corporation STOCK EXCHANGE ANNOUNCEMENT
1 August 2003 at 2.10 p.m. 1 (1)

CORRECTION OF ELECTRICITY CONSUMPTION FIGURES In its Interim Report 1-6/2003 Fortum reported a reduction of electricity consumption by 2% in the Nordic countries and by 4% in Finland in the second quarter compared to the corresponding period last year. Actually the Nordic consumption stayed flat, 85.7 (85.9) TWh and the Finnish consumption increased by 4%. All other reported consumption figures as well as data regarding Fortum´s market shares and sales volumes are correct. Fortum Corporation Carola Teir-Lehtinen Senior Vice President, Corporate Communications Distribution: Helsinki Exchanges www.fortum.com