Fortum - Changes in company's own shares

SHARE REPURCHASE 29.10.2007

Fortum Corporation         ANNOUNCEMENT        29.10.2007


SHARE REPURCHASE  29.10.2007

In the Helsinki Stock Exchange

Trade date              29.10.2007
Bourse trade            BUY
Share                   FUM1V
Amount                  400.000               shares
Total cost              12.210.695,44         EUR
Average price/ share    30,5267               EUR
Highest price/ share    30,95                 EUR
Lowest price/ share     30,30                 EUR


Fortum Corporation now holds a total of 2.790.000 shares
including the shares repurchased on 29.10.2007.


On behalf of Fortum Corporation

NORDEA BANK FINLAND PLC

Petri Simberg         Jarkko Järvinen