Fortum shares subscribed for with share warrants

Stock Exchange Announcement Fortum shares subscribed for with share warrants The following Fortum shares, subscribed for with Fortum Corporation’s share warrants and paid to the company, will be traded on the Main List of the Helsinki Stock Exchange starting on 11 September 2006, together with the old shares. Name of scheme Subscription period Qty Name of scheme Subscription period Qty Share Option Scheme 2001A for key employees 8 Jun 2006 - 31 Aug 2006 81,100 Share Option Scheme 2001B for key employees 8 Jun 2006 - 31 Aug 2006 466,400 Share Option Scheme 2002A for key employees 8 Jun 2006 - 31 Aug 2006 18,650 The increase in share capital resulting from the share subscriptions, a total of EUR 1,924,910, was entered in the Trade Register on 8 September 2006. After this increase, Fortum Corporation's share capital is EUR 3,003,131,617 and the total number of shares is 883,274,005. Following the share subscriptions, Fortum Corporation's shareholders' equity increased by a total of EUR 1,924,910. Identifiers of Fortum Corporation's share on 11 September 2006: Trading code: FUM1V ISIN code: FI0009007132 Number of shares: 883,274,005 The intention is that the share subscriptions related to Fortum Corporation’s option schemes will be registered next time approximately on 8 December 2006, when new shares subscribed for by 30 November 2006 will be registered. Fortum Corporation Carola Teir-Lehtinen Senior Vice President, Corporate Communications For further information, please contact: Jouni Huttunen, tel. +358 10 452 4649 Distribution: Helsinki Stock Exchange Key media ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net