Fortum Corporation: Interim Report January − June 2007

Good performance continued

January-June in brief

• Comparable operating profit EUR 810 (772) million, +5%
• Profit before taxes 962 (779) million, +23%
• Earnings per share EUR 0.85 (0.64), +33%
• Strong cash flow from operating activities EUR 1,070 (786) million
• Improved hedging positions


Espoo, 17 July 2007
Fortum Corporation
Board of Directors

Further information:
Mikael Lilius, President and CEO, tel. +358 10 452 9100
Juha Laaksonen, CFO, tel. +358 10 452 4519

The interim financial statements have been prepared in accordance with International Accounting Standard (IAS) 34, Interim Financial Reporting, as adopted by the EU. The interim financial statements have not been audited.

Publication of results in 2007:
Interim Report January-September will be published on 18 October 2007

Distribution:
Helsinki Stock Exchange
Key media
www.fortum.com

Information on the financial statement release, including detailed quarterly information, is available on Fortum’s website at: www.fortum.com/investors