Fortum's Shareholders' Nomination Board confirms Board of Directors' ability to function

FORTUM CORPORATION STOCK EXCHANGE RELEASE 15 NOVEMBER 2017 AT 9:00 EET

Fortum's Shareholders' Nomination Board has evaluated the Board of Directors'
ability to function, following the unfortunate passing of Tapio Kuula, member
of the Board of Directors.

The Shareholders' Nomination Board, based on the recommendation of the Board of
Directors, considers the Board of Directors to be able to function in its
current composition until the Annual General Meeting planned to be held on 28
March 2018.

Fortum Corporation

Måns Holmberg
Acting head of Investor Relations & Financial Communications

Further information:
Sirpa-Helena Sormunen, Secretary to the Board of Directors, General Counsel,
tel. +358 10 452 5350

Distribution:
Nasdaq Helsinki
Key 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