Stock exchange release

The cancellation of Fortum shares acquired by the company

13 December 2006, 8:09 EET

Fortum Corporation Stock exchange release 13 December 2006

The cancellation of Fortum shares acquired by the company The Board of Directors of Fortum Corporation has decided to cancel the total of 1,660,000 Fortum shares in possession of the company, without decreasing the share capital. The shares have been acquired and shall be cancelled based on the authorisation given to the Board of Directors in the Annual General Meeting of Shareholders on 16 March 2006. The cancellation will be entered in the Trade Register on or around 19 December 2006. After the cancellation, the total number of Fortum Corporation's shares will be 887,393,646. Fortum Corporation Carola Teir-Lehtinen Senior Vice President, Corporate Communications Further information: Jouni Huttunen, tel. +358 10 452 4649 Distribution: Helsinki Stock Exchange