RAUTARUUKKI'S BOARD OF DIRECTORS APPROVED BONUSES FOR THE 2007 EARNING PERIOD UNDER THE GROUP'S SHARE OWNERSHIP PLAN

| Source: Rautaruukki Rautaruukki 

Rautaruukki Oyj	Stock Exchange Release	26 March 2008, at 16.40

RAUTARUUKKI'S BOARD OF DIRECTORS APPROVED BONUSES FOR THE 2007 EARNING PERIOD
UNDER THE GROUP'S SHARE OWNERSHIP PLAN 

Meeting on 26 March 2008, Rautaruukki's Board of Directors approved a bonus of
62.31 per cent of the maximum payable for the 2007 earning period under the
Share Ownership Plan 2004. As the share part of the bonus payable, the Board of
Directors has decided to transfer 11,594 shares held by the company to the
persons concerned. Under the Share Ownership Plan, 60 per cent of the bonus is
paid in cash and 40 per cent in shares. The 2007 earning period covers 67
persons in management or other key positions. The shares will be transferred on
28 March 2008. 

In December 2004, Rautaruukki's Board of Directors decided on the Share
Ownership Plan as part of an incentive programme to commit the Group's key
personnel. The Share Ownership Plan was divided into three separate year-long
earning periods, which were the years 2005, 2006 and 2007. Payment of the bonus
was subject to the achievement of financial targets, which were gauged by the
criteria of earnings per share (EPS) and return on capital employed (ROCE). 

Shares paid as a bonus must be held for a minimum of two years after the end of
each earning period. However, the President & CEO and members of the Corporate
Management Board must retain any shares received under the plan to at least the
vale of their annual fixed gross salary for as long as they continue to serve
as president & CEO or members of the Corporate Management Board. 


Further information is available from: 
Tiina Bäckman, VP, Legal, tel. +358 20 592 9068


Rautaruukki Corporation

Anne Pirilä
SVP, Corporate Communications and Investor Relations

Rautaruukki supplies metal-based components, systems and integrated systems to
the construction and engineering industries. The company has a wide selection
of metal products and services. Rautaruukki has operations in 24 countries and
employs 14,600 people. Net sales in 2007 totalled EUR 3.9 billion. The
company's share is quoted on the OMX Nordic Exchange Helsinki (Rautaruukki Oyj:
RTRKS). The Corporation uses the marketing name Ruukki. 


www.ruukki.com

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www.ruukki.com