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Stock exchange release

SHARE REPURCHASE 29.10.2007

29 October 2007, 18:30 EET

Fortum Corporation ANNOUNCEMENT 29.10.2007

SHARE REPURCHASE  29.10.2007

In the Helsinki Stock Exchange

Trade date              29.10.2007
Bourse trade            BUY
Share                   FUM1V
Amount                  400.000               shares
Total cost              12.210.695,44         EUR
Average price/ share    30,5267               EUR
Highest price/ share    30,95                 EUR
Lowest price/ share     30,30                 EUR


Fortum Corporation now holds a total of 2.790.000 shares
including the shares repurchased on 29.10.2007.


On behalf of Fortum Corporation

NORDEA BANK FINLAND PLC

Petri Simberg         Jarkko Järvinen