Jukka Ruusunen, Fingrid Oyj´s new President and CEO from 1 Jan. 2007

Ph.D. Jukka Ruusunen has been appointed Fingrid Oyj´s new President and CEO from 1 January 2007 onwards, when Fingrid Oyj´s President and CEO Timo Toivonen will retire. Mr Ruusunen will start his employment at Fingrid Oyj on 2 October 2006.

Mr Ruusunen has worked as Development Director at Fortum Portfolio and Trading unit where he has been responsible for electricity market analysis, business strategy and business development and also supervision of interest of the company. He has been a member in several working groups related to developing the Nordic and European electricity market and grid operation. Before entering into commercial business, Mr Ruusunen has been an assistant professor and professor in Helsinki University of Technology and in Helsinki School of Economics. Besides his main employment, he currently acts as external lecturer in Helsinki University of Technology and in Helsinki School of Economics.

Further information:
Timo Rajala
President and CEO , Pohjolan Voima Oy
Deputy Chairman, Fingrid Oyj´s Board of Directors, +358 9 6930 6500