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Stock exchange release

SHARE REPURCHASE 23.10.2007

23 October 2007, 18:36 EEST

Fortum Corporation ANNOUNCEMENT 23.10.2007

SHARE REPURCHASE  23.10.2007

In the Helsinki Stock Exchange

Trade date              23.10.2007
Bourse trade            BUY
Share                   FUM1V
Amount                  400.000               shares
Total cost              11.438.844,26         EUR
Average price/ share    28,5971               EUR
Highest price/ share    28,96                 EUR
Lowest price/ share     28,40                 EUR


Fortum Corporation now holds a total of 1.200.000 shares
including the shares repurchased on 23.10.2007.


On behalf of Fortum Corporation

NORDEA BANK FINLAND PLC

Petri Simberg         Jarkko Järvinen