Rautaruukki Oyj Stock exchange release 25 October 2007 at 11.35 RAUTARUUKKI SELLS REMAINING REINFORCING STEEL UNITS Rautaruukki Corporation signed an agreement on 24 October 2007 to sell the steel reinforcing business of Ruukki Betonstahl GmbH of Germany and Ruukki Welbond BV of the Netherlands to the Al-Tuwairqi Group of Saudia Arabia. These transactions mark the completion of Rautaruukki's withdrawal, started last year, from the reinforcing steel business. The transaction will free up capital of over EUR 25 million. Rautaruukki estimates to book a capital loss of approximately EUR 2 million of the transaction for the fourth quarter of 2007. Ruukki Betonstahl GmbH generated net sales of EUR 89.9 million in 2006 and employed 68 persons at the end of September 2007. Likewise, Ruukki Welbond BV generated net sales of EUR 16.4 million and employed 46 persons. The aggregate operating loss of the units amounted to four million euros during the first nine months of 2007. Both businesses have been reported as part of Ruukki Metals division. Completion of the transaction requires the final approval of the German competition authorities and the transaction is expected to be closed in November 2007. The Al-Tuwairqi Group owns Thamesteel Ltd, which, for example, makes reinforcing steel. Further information is available from: Mikko Hietanen, CFO, tel. +358 20 529 9030 Rautaruukki Oyj Anne Pirilä SVP, Corporate Communications and Investor Relations 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 24 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