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Fortum extends period of validity regarding offer to City of Espoo

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Fortum Corporation        STOCK EXCHANGE RELEASE         1 July 2005
                                                         at 9.00 pm




Fortum extends period of validity regarding offer to City of Espoo

Fortum has decided to extend the period of validity regarding its offer to buy
the shares of E.ON Finland Oyj owned by the City of Espoo to September 30th,
2005.

Fortum Corporation

Carola Teir-Lehtinen

Senior Vice President, Corporate Communications

Further information:

Carola Teir-Lehtinen, Senior Vice President, Communications, tel. +358 50 452
4118
Distribution:

Helsinki Stock Exchange

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