Stock exchange release

HSE: FORTUM CORPORATION: SHARES SUBSCRIBED WITH OPTION RIGHTS

09 February 2005, 14:26 EET

EXCHANGE NOTICE 41/2005, 9 February 2005 SHARES

FORTUM CORPORATION: SHARES SUBSCRIBED WITH OPTION RIGHTS A total of 2 105 600 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 February 2005. Identifiers of Fortum Corporation's share: Trading code: FUM1V ISIN code: FI0009007132 Orderbook id: 24271 Number of shares: 871 854 198 HELSINKI STOCK EXCHANGE Janne Seppänen Vice President Surveillance Finland