Stock exchange release

SHARE REPURCHASE 24.10.2007

24 October 2007, 18:33 EEST

Fortum Corporation ANNOUNCEMENT 24.10.2007

SHARE REPURCHASE 24.10.2007 In the Helsinki Stock Exchange Trade date 24.10.2007 Bourse trade BUY Share FUM1V Amount 390.000 shares Total cost 11.239.607,08 EUR Average price/ share 28,8195 EUR Highest price/ share 28,99 EUR Lowest price/ share 28,68 EUR Fortum Corporation now holds a total of 1.590.000 shares including the shares repurchased on 24.10.2007. On behalf of Fortum Corporation NORDEA BANK FINLAND PLC Petri Simberg Jarkko Järvinen