Fortum estimates approx. EUR 700 million one-time negative impact on net profit due to planned closure of OKG nuclear units 1 and 2 in Sweden

FORTUM CORPORATION STOCK EXCHANGE RELEASE 30 September 2015 at 14:20 EETOKG AB’s Board of Directors has today decided to invite an Extraordinary shareholders’ meeting on 14 October 2015 in order to be able to make a decision on the closing of the units 1 and 2 in Oskarshamn nuclear power plant in Sweden. In OKG AB, E.ON is the majority owner and can decide on the closing of units.Fortum Corporation
Helena Aatinen
Senior Vice President, Corporate Communications
Further information:
Tiina Tuomela, EVP, Nuclear and Thermal Power Division, Fortum
Call back requests and media:
Helena Aatinen, SVP, Corporate Communications, Fortum, tel. +358 10 45 20480
Analysts and investors: Sophie Jolly, VP, Investor Relations, Fortum,
tel. +358 10 45 32552
Nasdaq Helsinki
Key media
Fortum’s purpose is to create energy that improves life for present and future generations. Fortum’s expertise is in CO2-free and efficient electricity and heat production. The company also offers energy-related products and expert services to private and industrial customers and energy producers. Fortum’s main areas of operation are the Nordic and the Baltic countries, Russia and Poland. In 2014, the annual sales (excluding the divested electricity distribution business) totalled EUR 4.1 billion, and comparable operating profit was EUR 1.1 billion. The company employs approximately 8,000 people. Fortum’s share is listed on Nasdaq Helsinki.