Stock exchange release

Fortum shares subscribed for with share warrants

24 March 2009, 9:30 EET

Fortum Corporation
Stock exchange announcement
24 March 2009 at 09:30 EET

Fortum shares subscribed for with share warrants The following Fortum shares, subscribed for with Fortum Corporation's share warrants and paid to the company, will be traded on the Main List of the NASDAQ OMX Helsinki starting on 25 March 2009, together with the old shares. -------------------------------------------------------------------------------- | Name of scheme | Subscription period | Quantity | -------------------------------------------------------------------------------- | Share Option Scheme 2002B for key | 16 January 2009 - | 376,837 | | employees | 17 March 2009 | | -------------------------------------------------------------------------------- The increase in share capital resulting from the share subscriptions, totalling EUR 1,281,245.80, was entered in the Trade Register on 24 March 2009. Following this increase, Fortum Corporation's share capital is EUR 3,045,502,967.80 and the total number of shares is 888,166,167. Following the share subscriptions, the shareholders' equity of Fortum Corporation increased by a total of EUR 1,281,245.80. Identifiers of Fortum Corporation share on 25 March 2009: Trading code: FUM1V ISIN code: FI0009007132 Number of shares: 888,166,167 The next time share subscriptions are intended to be registered is approximately on 8 May 2009, when the new shares subscribed for by 30 April 2009 will be registered. The subscription period for Share Option Scheme 2002B finishes 30 April 2009. Fortum Corporation Maria Romantschuk Senior Vice President, Corporate Communications Additional information: Jouni Huttunen, Head of Treasury Management, +358 10 45 24649 Distribution: NASDAQ OMX Helsinki Key media www.fortum.com