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


Ruukki Group Plc, Stock Exchange Release, 31 March 2008 at 2:10 pm.             
     
Ruukki Group Plc has today received an announcement pursuant to Securities      
Market Act regarding a change in shareholding:                                  

According to the announcement of Oy Herttakakkonen Ab (business ID 0761602-7)   
its ownership has fallen below three twentieth (3/20) of the share capital and  
voting rights of Ruukki Group Plc based on transactions carried out on 28 March 
2008.                                                                           

Oy Herttakakkonen Ab has the following ownership:                               
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|                          |             number |  proportion of voting rights |
--------------------------------------------------------------------------------
|                          |                    |            and share capital |
--------------------------------------------------------------------------------
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| Shares                   |          6 439 827 |                       2,22 % |
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| Forward contracts        |         24 051 100 |                       8,29 % |
--------------------------------------------------------------------------------
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| Total                    |         30 490 927 |                      10,51 % |
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Of the forward contracts 18,936,000 will expire on 16 May 2008 and 5,115,000 on 
20 March 2009.                                                                  
                                                                                
In addition, Kai Mäkelä owns personally 20 and Oy Herttaässä Ab 4,635,410 Ruukki
Group Plc shares. The combined ownership of Oy Herttakakkonen Ab, Kai Mäkelä and
Oy Herttaässä Ab of Ruukki Group's share capital and voting rights is 12.11 %.  

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 OMX Nordic Exchange Helsinki in which the shares of the      
Company are traded in the mid cap sector, in the industrials segment.

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.