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TANJA KARPELA AND MATTI VANHANEN RESIGN

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Fortum Corporation    STOCK EXCHANGE ANNOUNCEMENT
                      28 April 2003 at 4.20 p.m.     1 (1)





TANJA KARPELA AND MATTI VANHANEN RESIGN FROM FORTUM'S SUPERVISORY
BOARD

After their appointment as members of the Council of State,
Minister of Culture Tanja Karpela and Minister of Defence Matti
Vanhanen have announced their resignation from Fortum's
Supervisory Board as of 28 April 2003.







Fortum Corporation
Carola Teir-Lehtinen
Senior Vice President, Corporate Communications


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