Fortum's Russian subsidiary TGC-10 to be de-listed from the RTS

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Fortum Corporation                                                              
Stock exchange release                                                          
27.11.2008 at 14:45 EET                                                         

Fortum's Russian subsidiary TGC-10 to be de-listed from the RTS 

Following the rules and regulations of the RTS stock exchange, Fortum           
Corporation's Russian subsidiary, Territorial Generating Company No. 10 (TGC-10)
will be de-listed tomorrow 28 November 2008 because Fortum's ownership in the   
company has increased over the 90% threshold. Fortum owns approximately 93.4% of
TGC-10.                                                                         


Fortum Corporation                                                              
Maria Romantschuk                                                               
Senior Vice President, Communications                                           

Further information:                                                            
Kari Kautinen, Vice President, M&A, Fortum Corporation,                         
+358 50 453 2174                                                                

Distribution:                                                                   
NASDAQ OMX Helsinki                                                             
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www.fortum.com

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