Stock exchange release

SHARE REPURCHASE 7.11.2007

07 November 2007, 18:35 EET

Fortum Corporation ANNOUNCEMENT 7.11.2007

SHARE REPURCHASE 7.11.2007 In the Helsinki Stock Exchange Trade date 7.11.2007 Bourse trade BUY Share FUM1V Amount 330.000 shares Total cost 9.998.168,18 EUR Average price/ share 30,2975 EUR Highest price/ share 30,46 EUR Lowest price/ share 29,98 EUR Fortum Corporation now holds a total of 5.510.000 shares including the shares repurchased on 7.11.2007. On behalf of Fortum Corporation NORDEA BANK FINLAND PLC Petri Simberg Jarkko Järvinen