Press release

Fortum issues EUR 1.5 billion dual tranche eurobonds

17 March 2009, 9:30 EET

Fortum Corporation
Press release

Fortum issues EUR 1.5 billion dual tranche eurobonds Fortum Corporation has issued a EUR 750 million five-year and a EUR 750 million ten-year eurobond under its EMTN (Euro Medium Term Note) programme. The five-year bond carries a coupon of 4.625% and the ten-year bond 6%. The bond offering was oversubscribed with a total order-book of approximately EUR 6 billion. The bonds will be listed on the Luxembourg Stock Exchange. The proceeds of the offering will be used for general corporate and refinancing purposes. Barclays Capital, Deutsche Bank, Nordea Markets and Royal Bank of Scotland acted as joint book-runners for the transaction. Fortum Corporation Corporate Communications Further information: Jan Seveborg, Group Treasurer, Fortum Corporation, tel.+358 10 45 29164 Jouni Huttunen, Head of Treasury Management, Fortum Corporation, tel. +358 10 45 24649