Stock exchange release

SHARE REPURCHASE 16.06.2006

16 June 2006, 18:30 EEST

Fortum Corporation ANNOUNCEMENT 16.06.2006

SHARE REPURCHASE 16.06.2006 In the Helsinki Stock Exchange Trade date 16.06.2006 Bourse trade BUY Share FUM1V Amount 350.000 shares Total cost 6.557.212,00 EUR Average price/ share 18,7349 EUR Highest price/ share 19,15 EUR Lowest price/ share 18,38 EUR Fortum Corporation now holds a total of 1.660.000 shares including the shares repurchased on 16.06.2006. On behalf of Fortum Corporation NORDEA BANK FINLAND PLC Petri Simberg Jari Villenheimo