Stock exchange release

Changes in Fortum Corporation's Management Team

19 October 2012, 08:00 EEST

Anne Brunila to leave Fortum Management Team - Helena Aatinen to be appointed as member of the Management Team Anne Brunila to leave Fortum Management Team - Helena Aatinen to be appointed as member of the Management Team

Helena Aatinen, MSc Econ., has been appointed as Senior Vice President, Corporate Communications and a member of Fortum Corporation's Management Team. Helena Aatinen will report to President and CEO Tapio Kuula.

Anne Brunila, who joined Fortum Corporation as Executive Vice President and member of the Management Team in September 2009, will leave her position on her own request. Her responsibility area has covered Corporate Communications, Corporate Relations and Sustainability and since 2012 also Corporate Strategy. Anne Brunila will continue in agreed development projects until spring 2013 and report to President and CEO Tapio Kuula.

"It has been extremely rewarding to work at Fortum and in a company that belongs to the top in sustainability within its own sector in all its main markets and businesses: Nordic countries, Russia, Poland and the Baltic countries. Fortum has developed best practices in many areas and launched innovative solutions for sustainable urban living", says Anne Brunila.

"Anne Brunila has made a valuable contribution to Fortum in sustainability and in building Fortum's brand and communications as well as in strategy development. It has been great to work with her. At the same time, I wish Helena Aatinen warmly welcome to join our Management Team and to lead Fortum's group wide communications and branding activities", says Tapio Kuula.

"These changes give us the possibility to rethink our current organisation structure and slightly reorganise the Management Team's responsibility areas as follows. Corporate Strategy will be combined with Mergers & Acquisitions reporting to CFO Markus Rauramo, who will also take over the responsibility for the Sustainability function. Public Affairs and Corporate Relations will report to the President and CEO", Kuula continues.

The changes will come into effect on 1 November 2012.

Fortum Corporation
Anne Brunila
Executive Vice President, Corporate Relations and Strategy
Tel. +358 10 45 20970

Key media

Fortum's purpose is to create energy that improves life for present and future
generations. We provide sustainable solutions that fulfil the needs for low
emissions, resource efficiency and energy security, and deliver excellent value
to our shareholders. Our activities cover the generation, distribution and
sales of electricity and heat as well as related expert services.
Fortum's operations focus on the Nordic countries, Russia, Poland and the
Baltics. In the future, the integrating European and fast-growing Asian energy
markets provide additional growth opportunities. In 2011, Fortum’s sales
totalled EUR 6.2 billion and comparable operating profit was EUR 1.8 billion.
We employ approximately 10,800 people. Fortum’s shares are quoted on NASDAQ OMX
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