Stock exchange release

SHARE REPURCHASE 26.10.2007

26 October 2007, 18:30 EEST

Fortum Corporation ANNOUNCEMENT 26.10.2007

SHARE REPURCHASE  26.10.2007

In the Helsinki Stock Exchange

Trade date              26.10.2007
Bourse trade            BUY
Share                   FUM1V
Amount                  400.000               shares
Total cost              11.935.284,48         EUR
Average price/ share    29,8382               EUR
Highest price/ share    30,20                 EUR
Lowest price/ share     29,61                 EUR


Fortum Corporation now holds a total of 2.390.000 shares
including the shares repurchased on 26.10.2007.


On behalf of Fortum Corporation

NORDEA BANK FINLAND PLC

Petri Simberg         Jarkko Järvinen