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