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Stock exchange release

SHARE REPURCHASE 24.10.2007

24 October 2007, 18:33 EEST

Fortum Corporation ANNOUNCEMENT 24.10.2007

SHARE REPURCHASE  24.10.2007

In the Helsinki Stock Exchange

Trade date              24.10.2007
Bourse trade            BUY
Share                   FUM1V
Amount                  390.000               shares
Total cost              11.239.607,08         EUR
Average price/ share    28,8195               EUR
Highest price/ share    28,99                 EUR
Lowest price/ share     28,68                 EUR


Fortum Corporation now holds a total of 1.590.000 shares
including the shares repurchased on 24.10.2007.


On behalf of Fortum Corporation

NORDEA BANK FINLAND PLC

Petri Simberg         Jarkko Järvinen