Rautaruukki Oyj Press release 5 February 2008 RAUTARUUKKI MOVES FORWARD AS A SUPPLIER OF LHT EQUIPMENT THROUGH ACQUISITION OF WOLTER METALLVERARBEITUNG GMBH IN GERMANY Rautaruukki Corporation has signed an agreement to acquire the entire share capital of Wolter Metallverarbeitung GmbH (Wolter), which has operations in Dortmund, Germany. The transaction was closed today. Wolter's main products are telescopic booms for leading globally operating European mobile crane customers. Production also includes booms for special heavy cranes used for wind farm installations. Net sales are expected to double from last year to approximately EUR 10 million in 2008. -The acquisition is consistent with our growth strategy in the lifting, handling and transportation equipment sector. These new products form a platform on which to grow the business by drawing on Ruukki's expertise in high strength steels, forming and welding. Wolter will give us an entry into a new product range and bring with it new high-profile customers, says Tommi Matomäki, President of Ruukki Engineering. Further information is available from: Mr Tommi Matomäki, President, Ruukki Engineering, tel. +358 20 59 28809. 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 14,700 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
RAUTARUUKKI MOVES FORWARD AS A SUPPLIER OF LHT EQUIPMENT THROUGH ACQUISITION OF WOLTER METALLVERARBEITUNG GMBH IN GERMANY
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