ANNOUNCEMENT PURSUANT TO CHAPTER 2, SECTION 10 OF THE SECURITIES MARKET ACT

Ruukki Group Plc has today received an announcement pursuant to Securities      
Market Act regarding a change in shareholding.                                  

According to the announcement of Mandatum Pankkiiriliike Ltd (business ID number
1486391-8), its ownership in Ruukki Group Plc has fallen below one twentieth    
(1/20) of the share capital and voting rights of Ruukki Group Plc in consequence
of derivative contracts that have expired on 16 March 2007.                     

Mandatum Pankkiiriliike Ltd owns 3,409,118 Ruukki Group shares which represents 
approximately 2.44 % of the share capital and voting rights of Ruukki Group Plc.

Ruukki Group Plc's registered number of shares is 139,615,737 and share capital 
is 23,638,649.60 euros.                                                         

RUUKKI GROUP PLC                                                                

Antti Kivimaa                                                                   
Chief Executive Officer                                                         
Tel. +358 400 501780