Stock exchange release

HSE: FORTUM CORPORATION: SHARES SUBSCRIBED WITH OPTION RIGHTS

8 December 2006 at 10:55 EET

EXCHANGE NOTICE 528/2006, 8 DECEMBER 2006 SHARES

FORTUM CORPORATION: SHARES SUBSCRIBED WITH OPTION RIGHTS

A total of 5 779 641 shares have been subscribed with the Fortum

Corporation’s 2001A, 2001B, 2002A and 2002B option rights. The

shares will be traded on the Helsinki Stock Exchange as old

shares as of 11 December 2006.

Identifiers of Fortum Corporation's share:

Trading code: FUM1V

ISIN code: FI0009007132

Orderbook id: 24271

Amount of shares: 889 053 646

HELSINKI STOCK EXCHANGE

Janne Seppänen

Head of Surveillance

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