Rautaruukki Oyj Stock exchange release 2 November 2007 at 15.20 EFFECT OF STRIKE BY UNION OF SALARIED EMPLOYEES ON RAUTARUUKKI'S OPERATING PROFIT IS ABOUT EUR 5 MILLION The financial effects of the strike by members of the Union of Salaried Employees on Rautaruukki were fairly minor. The strike is expected to weaken operating profit for the fourth quarter by around EUR 5 million. The strike by members of the Union of Salaried Employees stopped hot-rolling production and the cutting lines at the Raahe Steel Works between 22 and 26 October. This resulted in the stoppage of product manufacture at the works, as well as deliveries to customers and products for further processing by the company. The strike affected those functions of Ruukki Production, Ruukki Engineering, Ruukki Metals, corporate administration and transport services located in Raahe. Further information is available from: Mikko Hietanen, CFO tel. +358 20 592 9030 Rautaruukki Corporation 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 DISTRIBTION: OMX Nordic Exchange Helsinki Main media www.ruukki.com
EFFECT OF STRIKE BY UNION OF SALARIED EMPLOYEES ON RAUTARUUKKI'S OPERATING PROFIT IS ABOUT EUR 5 MILLION
| Source: Rautaruukki