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The Market Court: Fortum not in a dominant market position

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The Market Court decision today has overruled the conditional decision given by 
the Finnish Competition Authority in June 2006 on the acquisition of E.ON       
Finland. In the decision, the Finnish Competition Authority set conditions for  
the completion of the acquisition. The conditions have already been fulfilled by
Fortum.                                                                         
                                                                                
In their ruling, the Market Court stated that the Finnish Competition Authority 
had no grounds for setting conditions, because Fortum cannot be considered to   
have a dominant position in the power generation and wholesale market. According
to the Market Court, the relevant geographical market area in power generation  
and wholesale consists of at least Finland and Sweden.                          


Fortum Corporation                                                              
Maria Romantschuk                                                               
SVP Corporate Communications                                                    

Distribution:                                                                   
OMX Nordic Exchange Helsinki                                                    
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