29.11.2011 Fortum Press center

FORTUM CORPORATION STOCK EXCHANGE RELEASE 29 November 2011 at 11.00 EET

Maria Paatero-Kaarnakari, Senior Vice President, Corporate Strategy and Research & Development at Fortum Corporation, will leave her current position to be appointed as Senior Vice President, Fortum Asia, as of 1 February 2012.

In her new position, Maria Paatero-Kaarnakari’s main responsibility is to initiate and develop a future growth platform for Fortum in India. She will be placed in Delhi. With this change Maria Paatero-Kaarnakari will leave Fortum

Management Team. She will continue to report to Tapio Kuula, President and CEO of Fortum Corporation.

Anne Brunila, Executive Vice President, Corporate Relations and Sustainability, will also take the responsibility of Corporate Strategy as of 1 January 2012 and her title will be Executive Vice President, Corporate Relations and Strategy.

Per Langer, Executive Vice President, Heat Division, will take the responsibility of Corporate Research and Development and Innovation as of 1 January 2012.