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


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

Evli Bank Plc (business ID number 0533755-0) announces that its ownership       
exceeds one twentieth (1/20) of the share capital and voting rights of Ruukki   
Group Plc in consequence of transactions carried out on 7 December 2007.        

Holdings of Ruukki Group Plc shares by Evli Bank Plc:        

--------------------------------------------------------------------------------
|                  | Number        | Proportion of      | Proportion of voting |
|                  |               | share              | rights               |
|                  |               | capital            |                      |
--------------------------------------------------------------------------------
| Shares           |    14,613,027 |            5.038 % |              5.038 % |
--------------------------------------------------------------------------------

Evli Bank Plc has sold Ruukki Group Plc shares through share forward contracts  
as follows:                                                                     

--------------------------------------------------------------------------------
|                  | Number        | Proportion of      | Proportion of voting |
|                  |               | share              | rights               |
|                  |               | capital            |                      |
--------------------------------------------------------------------------------
| Forward          |   -14,258,900 |             4.92 % |               4.92 % |
| contracts        |               |                    |                      |
--------------------------------------------------------------------------------

Ruukki Group Plc's registered number of shares is 290,034,022 shares and share  
capital is EUR 23,642,049.60.                                                   


RUUKKI GROUP PLC                                                                

Matti Vikkula                                                                   
Chief Executive Officer                                                         


Ruukki Group focuses on wood-based industrial business operations. Currently the
group operations are located mainly in Finland, but in future the targeted      
emphasis is principally in Russia. Ruukki Group Plc's share is listed on        
Helsinki Stock Exchange. In the OMX Nordic Exchange the shares of the company   
are traded in the mid cap sector, in the industrials segment.                   

For further information, please contact:                                        

Matti Vikkula                                                                   
Chief Executive Officer                                                         
Ruukki Group Plc                                                                
Telephone +358 45 6700 606                                                      
www.ruukkigroup.fi