Stock exchange release

FORTUM PARTICIPATED IN SHARE AUCTION OF RUSSIAN TGC-10

28 February 2008, 18:08 EET

Fortum has participated in a share auction of the listed Russian Territorial Generating Company TGC-10 operating in Urals region. The auction was conducted today, 28 February. Fortum will disclose more information as soon as it has received an official confirmation on the auction result from the selling party, RAO UES. The confirmation is expected tomorrow, 29 February. Fortum Corporation Maria Romantschuk Senior Vice President, Corporate Communications Distribution: OMX Nordic Exchange Helsinki Key media www.fortum.com