Stock exchange release

HSE: FORTUM CORPORATION: SHARES SUBSCRIBED WITH OPTION RIGHTS

03 March 2006, 15:03 EET

EXCHANGE NOTICE 76/2006, 3 MARCH 2006 SHARES

FORTUM CORPORATION: SHARES SUBSCRIBED WITH OPTION RIGHTS A total of 6 252 200 shares have been subscribed with the Fortum Corporation’s 2001A, 2001B and 2002A option rights. The shares will be traded on the Helsinki Stock Exchange as old shares as of 6 March 2006. Identifiers of Fortum Corporation's share: Trading code: FUM1V ISIN code: FI0009007132 Orderbook id: 24271 Number of shares: 881 546 225 HELSINKI STOCK EXCHANGE Janne Seppänen Vice President Surveillance Finland