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


Ruukki Group Plc, Stock Exchange Release, 20 March 2008 at 3:10 pm.             
  
Ruukki Group Plc has today received an announcement pursuant to Securities      
Market Act regarding a change in shareholding:                                  

RCS Trading Corporation Ltd (company number 65574B, Nassau, Bahamas) announces  
that as a result of share transactions executed on 20 March 2008, the ownership
of RCS Trading Corporation Ltd in Ruukki Group Plc now exceeds one twentieth    
(1/20) of the share capital and voting rights of Ruukki Group Plc.              

Holdings by RCS Trading Corporation Ltd are now as follows:                     
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|                      |               Number |   Proportion of voting rights  |
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|                      |                      |              and share capital |
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| Shares               |            2 777 870 |                         0.96 % |
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| Forward contracts    |           13 200 000 |                         4.55 % |
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| Total                |           15 977 870 |                         5.51 % |
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The forward contracts will expire in June 2008.

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

RUUKKI GROUP PLC                                                                

Matti Vikkula                                                                   
Chief Executive Officer                                                         

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