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