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Stock exchange release

SHARE REPURCHASE 1.11.2007

01 November 2007, 18:53 EET

Fortum Corporation ANNOUNCEMENT 1.11.2007

SHARE REPURCHASE  1.11.2007

In the Helsinki Stock Exchange

Trade date              1.11.2007
Bourse trade            BUY
Share                   FUM1V
Amount                  400.000               shares
Total cost              12.040.383,10         EUR
Average price/ share    30,1010               EUR
Highest price/ share    30,45                 EUR
Lowest price/ share     29,80                 EUR


Fortum Corporation now holds a total of 3.990.000 shares
including the shares repurchased on 1.11.2007.


On behalf of Fortum Corporation

NORDEA BANK FINLAND PLC

Petri Simberg         Jarkko Järvinen