FORTUM OIL SEPARATION THROUGH A SHARE DI
Fortum Corporation STOCK EXCHANGE RELEASE 14 September 2004 10.50 a.m. 1(2)FORTUM OIL SEPARATION THROUGH A SHARE DIVIDEND AND A SALE OFSHARES Not for release, publication or distribution in the United Statesof America. Fortum Corporation today announces its plan to implement theseparation of Fortum Oil Oy in April 2005 through a distributionof Fortum Oil shares as a dividend to the shareholders of FortumCorporation and a marketed offering of the remaining shares toinvestors. This will enable Fortum Oil to simultaneously seek alisting of its shares. The