SHARE REPURCHASE 29.10.2007

SHARE REPURCHASE 29.10.2007

In the Helsinki Stock Exchange

Trade date 29.10.2007
Bourse trade BUY
Share FUM1V
Amount 400.000 shares
Total cost 12.210.695,44 EUR
Average price/ share 30,5267 EUR
Highest price/ share 30,95 EUR
Lowest price/ share 30,30 EUR

Fortum Corporation now holds a total of 2.790.000 shares
including the shares repurchased on 29.10.2007.

On behalf of Fortum Corporation

NORDEA BANK FINLAND PLC

Petri Simberg Jarkko Järvinen