The shareholders of Ruukki Group Plc are invited to the Annual General Meeting  
which will be held on Monday, 31 March 2008, starting at 10:00 am. in Espoo at
the address Keilasatama 5, 02150 Espoo, in the meeting room Merituuli, 2nd
floor. The reception of those who have given prior notice to attend begins at
09:30 am. in the meeting facilities.

ANNUAL GENERAL MEETING AGENDA:                                                  

1. MATTERS IN ACCORDANCE WITH THE SECTION 9 OF THE ARTICLES OF ASSOCIATION AND  
CHAPTER 5 OF THE FINNISH COMPANIES ACT                                          

2. AUTHORISING THE BOARD OF DIRECTORS TO DECIDE ON THE SHARE ISSUES AND ON THE  
ISSUING OF OTHER SPECIAL RIGHTS THAT ENTITLE TO SHARES                          

The Board of Directors proposes to the Annual General Meeting that the Board of 
Directors would be authorised to decide on the share issue and on the issuing of
stock options and other special rights that entitle to shares.                  

By virtue of the authorisation shares could be emitted in one or more tranches  
in total a maximum of 50,000,000 new shares or shares owned by the Company. This
represents about 17.2 % of the Company's shares outstanding currently. The Board
of Directors would by virtue of the authorisation be entitled to decide on the  
share issues and on the issuing of stock options and other special rights that  
entitle to shares in every way similarly as the Annual General Meeting could    
decide on these.                                                                

The Board of Directors proposes that the authorisation replaces all previous    
authorisations and that it is valid one year as from the decision of the Annual 
General Meeting.                                                                

3. AUTHORISING THE BOARD OF DIRECTORS TO DECIDE ON THE ACQUIRING OF OWN SHARES  

The Board of Directors proposes to the Annual General Meeting that the Board of 
Directors would be authorised to decide on the acquiring of own shares.         

By virtue of the authorisation concerning the acquiring of own shares a maximum 
of 10,000,000 own shares could be acquired with the funds from the Company's    
unrestricted shareholders' equity. The compensation paid for acquired shares    
will be determined on the grounds of the trading rate determined to the         
Company's share in the OMX Nordic Exchange Helsinki on the day of the           
acquisition.                                                                    

The shares will be acquired in a public trade arranged by the OMX Nordic        
Exchange Helsinki at the market value formed in public trade of the acquisition 
moment. Since the shares are acquired in a public trade the acquisition is      
carried out otherwise than in relation with ownership.                          

The Board of Directors proposes that the authorisation is valid one year as from
the decision of the Annual General Meeting.                                     

4. AUTHORISING THE BOARD OF DIRECTORS TO DECIDE ON THE TRANSFERRING OF ACQUIRED 
OWN SHARES                                                                      

The Board of Directors proposes to the Annual General Meeting that the Board of 
Directors would be authorised to decide on the transferring of acquired new     
shares.                                                                         

By virtue of the authorisation concerning the transferring of acquired own      
shares a maximum of 10,000,000 own shares could be transferred. The Board of    
Directors proposes that the Board of Directors has the right to decide on to    
whom shares are issued, that means to transfer shares directed deviating from   
shareholders' pre-emptive right.                                                

The shares will be granted at the market value of the transfer moment formed in 
the public trade and they can be granted against other compensation than        
pecuniary consideration.                                                        

The Board of Directors proposes that the authorisation is valid one year as from
the decision of the Annual General Meeting.                                     

5. FOR INFORMATION: ON THE EXECUTION OF THE INVESTMENT PROJECTS IN RUSSIA       

The General Meeting of Ruukki Group Plc decided on 12 June 2007 on the share    
issue; the funds gathered by the share issue are still in the possession of     
Company or its subsidiaries. According to share offering registration           
documentation the funds from the share issue were primarily meant to be used in 
partial financing of the investment projects planned in the Kostroma area in    
Russia, and secondarily in financing other investment projects in Russia.       

The Board of Directors of the Company has in March 2008 made a decision that the
Company will interrupt the preparation and implementation processes related to  
the Kostroma investment projects. The funds gathered by the share issue shall,  
in accordance with the basis of share issue, be used in financing the Russian   
wood processing businesses and the related investment projects. The target and  
geographical location of these projects will be announced later.                

To support the chosen Russian strategy a specific commitment and reward scheme  
is being planned for the members of the Board of Directors, but the preparations
thereby are still unfinished. This issue will be separately presented to an     
Extraordinary General Meeting that will decide on it.                           

ELECTION OF THE AUDITOR                                                         

The Board of Directors proposes to the Annual General Meeting that the          
Authorised Public Accountants KPMG Oy Ab and Reino Tikkanen, APA, will be       
re-elected as the auditors of the Company.                                      

DIVIDEND DISTRIBUTION                                                           

The Board of Directors proposes to the Annual General Meeting that the Company  
will distribute dividend 4 cents (EUR 0.04) per share from the retained earnings
at the balance sheet date 31 December 2007. The record date of the dividend  
distribution would be 3 April 2008 and the payment date would be 10 April 2008. 

AVAILABILITY OF THE DOCUMENTS                                                   

The proposals of the Board of Directors with their appendices and other         
documents required to be kept available according to the Finnish Companies Act  
will be available for the shareholders' inspection for the week preceding the   
Annual General Meeting at the Company headquarters at the address Keilasatama 5,
02150 Espoo. In addition the documents will be available for the week preceding 
the Annual General Meeting on the Company's website www.ruukkigroup.fi. Copies  
of these documents will be sent to the shareholders on request.                 

RIGHT TO ATTEND                                                                 

The shareholder who is not later than on 20 March 2008 registered as a          
shareholder of the Company in the shareholder register maintained by Finnish    
Central Securities Depository Ltd has right to attend the Annual General        
Meeting. A foreign shareholder holding nominee registered shares who wishes to  
attend the Meeting shall in good time contact his/her nominee operator and act  
according to the instructions of the nominee operator. In this case the         
temporary registration in the shareholder register shall be valid no later than 
on 20 March 2008. A shareholder can attend the Meeting personally or represented
by a representative. A shareholder has also right to use an assistant.          

NOTICE TO ATTEND                                                                

A shareholder wishing to attend the Meeting shall give notice to attend the     
Meeting to the Company no later than by 4:00 pm. on 27 March 2008 by letter to  
Ruukki Group Plc, Keilasatama 5, 02150 Espoo, or by e-mail to                   
helena.tuominen@ruukkigroup.fi or by fax to +358 10 440 7001. The notice shall  
be at the Company before the deadline of the notice to attend. A shareholder is 
requested in addition to name to inform also his/her identity number or business
ID. Possible proxies are asked to be delivered in written form together with the
notice to attend, that means not later than on 27 March 2008 at 4:00 pm.        

ESPOO, ON 11 MARCH 2008                                                         

RUUKKI GROUP PLC                                                                

BOARD OF DIRECTORS                                                              

Ruukki Group's strategic aim is to concentrate on wood processing within the    
Northern coniferous wood zone. Group business operations will be focused on     
mechanical wood processing, and furthermore on pulp business. 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                                                              

This stock exchange release is based on translation into English of a document  
written in Finnish. In case there would be any potential discrepancies,         
inconsistencies or inaccuracies, the Finnish version of the release shall       
prevail.