Stock exchange release

SHARE REPURCHASE 15.06.2006

15 June 2006, 18:39 EEST

Fortum Corporation ANNOUNCEMENT 15.06.2006

SHARE REPURCHASE  15.06.2006

In the Helsinki Stock Exchange

Trade date              15.06.2006
Bourse trade            BUY
Share                   FUM1V
Amount                  350.000               shares
Total cost              6.445.936,00          EUR
Average price/ share    18,4170               EUR
Highest price/ share    18,75                 EUR
Lowest price/ share     18,15                 EUR


Fortum Corporation now holds a total of 1.310.000 shares

including the shares repurchased on 15.06.2006.


On behalf of Fortum Corporation

NORDEA BANK FINLAND PLC

Petri Simberg         Jari Villenheimo