SHARE REPURCHASE 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