46.93% acceptance of Fortum’s Uniper-offer - additional acceptance period to commence

FORTUM CORPORATION STOCK EXCHANGE RELEASE 19 JANUARY 2018 AT 11:00 EET

The number of shares tendered during the initial acceptance period of Fortum's voluntary public takeover offer for the outstanding shares of Uniper totalled 171,736,647 shares. This corresponds to approximately 46.93% of the share capital and the voting rights of Uniper. The initial acceptance period ended on 16 January 2018.

Uniper shareholders who have not yet tendered their shares to the offer within the initial acceptance period can still tender during the additional acceptance period beginning on 20 January 2018 and ending on 2 February 2018 at 24:00 CET (local time in Frankfurt am Main), pursuant to the statutory provisions of the German Securities Acquisition and Takeover Act (WpÜG). Fortum expects to publish the total amount of shares tendered on 7 February 2018.

The offer is still subject to competition and regulatory approvals. Fortum expects to finalise the transaction in mid-2018.

Fortum Corporation

Ingela Ulfves
VP, Investor Relations and Financial Communications

Further information:

Ingela Ulfves, VP, IR and Financial Communications, tel. +358 40 515 1531
Måns Holmberg, Manager, IR and Financial Communications, tel. +358 44 518 1518
Rauno Tiihonen, Manager, IR and Financial Communications, tel. +358 10 453 6150

Distribution:

Nasdaq Helsinki
Main media
www.fortum.com

Fortum

Fortum is a leading clean-energy company that provides its customers with electricity, heating and cooling as well as smart solutions to improve resource efficiency. We want to engage our customers and society to join the change for a cleaner world. We employ some 9,000 professionals in the Nordic and Baltic countries, Russia, Poland and India, and 62% of our electricity generation is CO₂-free. In 2016, our sales were EUR 3.6 billion. Fortum's share is listed on Nasdaq Helsinki. www.fortum.com