Fingrid Oyj redeems debenture of capital loan nature, issued on 1 September 1997, on the first possible early redemption date on 15 May 2007.

| Source: Fingrid Oyj Fingrid Oyj 

Fingrid Oyj  (formerly Suomen Kantaverkko Oy) redeems debenture of capital loan 
nature (ISIN-code FI0002001546), issued on 1 September 1997, on the first       
possible early redemption date on 15 May 2007.                                  

Above mentioned loan's principal will be redeemed as specified under Section 7
b) in the terms and conditions of the loan on 15 May 2007 at 100 % together
with the interest accrued by the redemption date. The loan's principal is EUR
137 914 099.68. 

Fingrid Oyj                                                                     

Board of Directors                                                              



Further information:                                                            

Chief Financial Officer Tom Pippingsköld, tel. +358 30 395 5157, e-mail:        
tom.pippingskold@fingrid.fi