Stock exchange release

SHARE REPURCHASE 2.11.2007

02 November 2007, 18:30 EET

Fortum Corporation ANNOUNCEMENT 2.11.2007

SHARE REPURCHASE 2.11.2007 In the Helsinki Stock Exchange Trade date 2.11.2007 Bourse trade BUY Share FUM1V Amount 400.000 shares Total cost 11.946.777,87 EUR Average price/ share 29,8669 EUR Highest price/ share 30,00 EUR Lowest price/ share 29,70 EUR Fortum Corporation now holds a total of 4.390.000 shares including the shares repurchased on 2.11.2007. On behalf of Fortum Corporation NORDEA BANK FINLAND PLC Petri Simberg Jarkko Järvinen