The nominees for Fortum's Board of Directors for the year 2009 The Annual General Meeting of Fortum Corporation's shareholders, held on 1 April 2008, appointed a Shareholders' Nomination Committee consisting of representatives of the three largest shareholders to prepare proposals for the next Annual General Meeting (AGM) concerning Board members and their fees. In its meeting on 2 February 2009, the Shareholders' Nomination Committee decided to propose to the AGM, which is planned to be held on 7 April 2009, that the Board consists of seven members and following persons are elected to the Board of Directors: Peter Fagernäs as chairman Matti Lehti as deputy chairman Esko Aho as member Sari Baldauf as member (new member) Ilona Ervasti-Vaintola as member Birgitta Johansson-Hedberg as member Christian Ramm-Schmidt as member The Shareholders' Nomination Committee proposes to Fortum Corporation's AGM that the fees to be paid to the members of Board remain unchanged compared to 2008 and are as follows: Chairman, EUR 66,000/year Deputy chairman, EUR 49,200/year Member, EUR 35,400/year Meeting fee, EUR 600/meeting. The meeting fee is also paid for committee meetings and is paid in double to a member who lives outside Finland in Europe. Furthermore, travel expenses shall be compensated for in accordance with the Company's travel policy. Fortum Corporation Maria Romantschuk Senior Vice President, Corporate Communications Further information: Pekka Timonen, Chairman of the Shareholders' Nomination Committee, tel. +358 (0)9 1602 3000 Distribution: NASDAQ OMX Helsinki Key media www.fortum.com APPENDIX: CV Sari Baldauf, born 1955, M Sc, Business Administration Ms Baldauf holds honorary doctorate degrees in Technology (Helsinki University of Technology) and Business Administration (Turku School of Economics and Business Administration). She is an Honorary Fellow of London Business School. Main simultaneous positions of trust: Member of the Board in CapMan Plc, F-Secure Corporation, Daimler AG, Hewlett-Packard Company and Sanoma Corporation. She is also Member of the Board of Finnish Business and Policy Forum EVA and Finnish Cultural Foundation, vice chair of the board of International Youth Foundation and chairman of the Board of Savonlinna Opera Festival. Primary work experience: Nokia Corporation, 1983 - 2005, several senior executive positions, member of the Group Executive Board 1994 - 2005.
Stock exchange release
The nominees for Fortum's Board of Directors for the year 2009
02 February 2009, 12:00 EET
Fortum Corporation Stock exchange release 2 February 2009, 12.00 EET