Ruukki Group Plc's board of directors has decided to redefine the dividend policy of Ruukki Group Plc as follows: Company follows dividend policy, which takes into account group result, financial condition, equity requirements and growth-related financing requirements. In addition attention is paid to Company's own taxation and shareholders' taxation. Dividend policy is part of the owner strategy, which aims besides dividend to increase share value to shareholders. When making the possible dividend proposition the board of directors takes into account the finance situation, profitability and short-term outlook of the company. There are no limitations on dividend payments except for those in the Companies Act. The company did not distribute dividend during the years 2004 and 2005. During the year 2006 dividend of EUR 0.02 per share has been distributed in accordance with the decision of the annual general meeting and EUR 0.01 per share based on the decision of extraordinary general meeting. Based on the decision of the annual general meeting in 2007 the company has distributed a dividend of EUR 0.03 per share. Potential dividend distribution in the future depends on the financial condition of the company, capital requirements and other factors. Planned investments in Russia limit the company's possibilities to distribute dividend in the coming years. It is possible that no dividend will be distributed to the shares of the company during next few years. RUUKKI GROUP PLC BOARD OF DIRECTORS Ruukki Group is a multi-sector industrial group having mainly majority ownership interests in various small and medium-sized companies in e.g. house building, sawmilling business, furniture business and care services. Ruukki Group share (RUG1V) is listed on OMX Nordic Exchange's so-called small cap category. For further information, please contact: Antti Kivimaa Chief Executive Officer Ruukki Group Plc Telephone +358 400 501 780 www.ruukkigroup.fi
RUUKKI GROUP PLC'S BOARD OF DIRECTORS HAS DECICED TO REDEFINE DIVIDEND POLICY
| Source: Afarak Group Plc