Stock exchange release

SHARE REPURCHASE 1.11.2007

01 November 2007, 18:53 EET

Fortum Corporation ANNOUNCEMENT 1.11.2007

SHARE REPURCHASE 1.11.2007 In the Helsinki Stock Exchange Trade date 1.11.2007 Bourse trade BUY Share FUM1V Amount 400.000 shares Total cost 12.040.383,10 EUR Average price/ share 30,1010 EUR Highest price/ share 30,45 EUR Lowest price/ share 29,80 EUR Fortum Corporation now holds a total of 3.990.000 shares including the shares repurchased on 1.11.2007. On behalf of Fortum Corporation NORDEA BANK FINLAND PLC Petri Simberg Jarkko Järvinen