SHARE REPURCHASE 22.10.2007


Fortum Corporation         ANNOUNCEMENT        22.10.2007                       


SHARE REPURCHASE  22.10.2007                                                    

In the Helsinki Stock Exchange                                                  

Trade date              22.10.2007                                              
Bourse trade            BUY                                                     
Share                   FUM1V                                                   
Amount                  400.000               shares                            
Total cost              11.438.823,88         EUR                               
Average price/ share    28,5971               EUR                               
Highest price/ share    28,72                 EUR                               
Lowest price/ share     28,40                 EUR                               


Fortum Corporation now holds a total of 800.000 shares                          
including the shares repurchased on 22.10.2007.                                 


On behalf of Fortum Corporation                                                 

NORDEA BANK FINLAND PLC                                                         

Petri Simberg         Jarkko Järvinen