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

Correction to major shareholder announcement published March 21 2007. The
number of company's shares has been corrected. The number of RUG1V shares is
135,963,737. The corrected announcement: 

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

According to the announcement of Nordea Bank AB (publ)
(Swedish registration number 516406-0120), its Finnish
subsidiary Nordea Pankki Suomi Plc's (1680235-8)
ownership in Ruukki Group Plc has exceeded three
twentieth (3/20) of the share capital and voting rights
of Ruukki Group Plc in consequence of purchases of
altogether 5,302,500 Ruukki Group shares on 16 March
2007. Nordea Pankki Suomi Plc now owns 24,838,480 RUG1V
shares and 45,000 RUG1VN0107 shares, i.e. in total
24,883,480 shares which represents 17.82 % of the share
capital and voting rights of Ruukki Group Plc.

Nordea Pankki Suomi Plc has entered into Ruukki Group
share forward contracts of which 12,202,517 expires on
April 2007, 12,212,000 on June 2007 and 4,750,000 on
December 2007. When the April 2007 forward contracts
expire, Nordea Pankki Suomi Plc's ownership will fall
below one tenth (1/10) of Ruukki Group share capital and
voting rights. Moreover, when the June 2007 forward
contracts expire, Nordea Pankki Suomi Plc's ownership
will fall below one twentieth (1/20) of Ruukki Group
share capital and voting rights

Ruukki Group Plc's registered number of shares is
139,615,737 and share capital is 23,638,649.60 euros.
Company shares are traded in two series: there are
135,963,737 old shares (traded by shortname RUG1V) and
3,652,000 new shares (traded by shortname RUG1VN0107).
The new shares are not entitled to any dividend based on
fiscal year 2006; the dividend decision will be made by
the annual general meeting to be conved on 20 April 2007.


RUUKKI GROUP PLC

Antti Kivimaa
Chief Executive Officer
Tel. +358 400 501780