SHARE REPURCHASE 23.10.2007

SHARE REPURCHASE 23.10.2007

In the Helsinki Stock Exchange

Trade date 23.10.2007
Bourse trade BUY
Share FUM1V
Amount 400.000 shares
Total cost 11.438.844,26 EUR
Average price/ share 28,5971 EUR
Highest price/ share 28,96 EUR
Lowest price/ share 28,40 EUR

Fortum Corporation now holds a total of 1.200.000 shares
including the shares repurchased on 23.10.2007.

On behalf of Fortum Corporation

NORDEA BANK FINLAND PLC

Petri Simberg Jarkko Järvinen