RAUTARUUKKI TO COMPLETE EARLY REPAYMENT OF CALLABLE SUBORDINATED NOTES ON 25 SEPTEMBER 2007

Rautaruukki Oyj	Stock exchange release	22 August 2007 at 9.00 am


RAUTARUUKKI TO COMPLETE EARLY REPAYMENT OF CALLABLE SUBORDINATED NOTES ON 25
SEPTEMBER 2007 

Rautaruukki Corporation will exercise its right under the terms of the notes to
complete early repayment on 25 September 2007 of Callable Subordinated Note
1/2002 (FI0002001959) and Callable Subordinated Note 2/2002 (FI 0002001967),
both issued on 25 September 2002. 

Book-entry holders will be paid the capital in full and the interest accruing
on the notes to the date of repayment on 25 September 2007. The aggregate
capital is EUR 104 million. 
 
No action is required on the part of book-entry holders. 


Further information is available from:
Auli Miikkulainen, Corporate Treasurer, tel. +358 20 5929 125
Mikko Hietanen, CFO, tel. +358 20 5929 030



Rautaruukki Corporation

Taina Kyllönen
VP, Corporate Communications

Rautaruukki supplies metal-based components, systems and integrated systems to
the construction and mechanical engineering industries. The company has a wide
selection of metal products and services. Rautaruukki has operations in 23
countries and employs 14,500 people. Net sales in 2006 totalled EUR 3.7
billion. The company's share is quoted on the OMX Nordic Exchange Helsinki
(Rautaruukki Oyj: RTRKS). The Corporation has used the marketing name Ruukki
since 2004. 

www.ruukki.com

Distribution:
OMX Nordic Exchange Helsinki
Main media
www.ruukki.com