FORTUM CONFIRMS ITS PARTICIPATION IN FIF

Fortum Corporation    STOCK EXCHANGE RELEASE
                      5 December 2003        1 (1)



FORTUM CONFIRMS ITS PARTICIPATION IN FIFTH NUCLEAR POWER PLANT
UNIT

Fortum confirms its participation in the planned fifth nuclear
power plant in Finland with a share of approximately 25%, equal to
approx. 400 MW of the plant's capacity.



Fortum Corporation
Carola Teir-Lehtinen
Senior Vice President, Corporate Communications
         


Distribution:
Helsinki Exchanges
Key media



About Us

Fortum is a leading clean-energy company that provides its customers with electricity, heating and cooling as well as smart solutions to improve resource efficiency. We want to engage our customers and society to join the change for a cleaner world. We employ some 8,000 professionals in the Nordic and Baltic countries, Russia, Poland and India, and 62% of our electricity generation is CO2 free. In 2016, our sales were EUR 3.6 billion. Fortum's share is listed on Nasdaq Helsinki. www.fortum.com

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