Rautaruukki Oyj Press Release 9.4.2008 RAUTARUUKKI TO STRENGTHEN SERVICE CENTRE OPERATIONS IN ST PETERSBURG Rautaruukki is to increase the capacity of its service centre in St Petersburg to meet growing demand in Russia. A new cut-to-length line will start up at the Parnas service centre in northern St Petersburg in autumn 2008. The existing machinery at Parnas has already been modernised. A comprehensive range of cut-to-length and slitting services will enable us in particular to serve light engineering customers who relocate their production to the St Petersburg area. Relocating the production of roofing products, which has been fairly minor, to Finland will free up the space Ruukki needs to grow service centre operations in St Petersburg. -Russia is an attractive, growing neighbouring market for Ruukki. Despite the growing market, there is still no serious competition in service centre operations in Russia. A comprehensive range of prefabrication services, local personnel and prompt delivery times give our customers the chance to focus on their own core business, says Olavi Huhtala, President, Ruukki Metals. The Parnas service centre was opened in 2001. Ruukki established its first production unit in Russia in the mid-1990s. In addition to St Petersburg and Moscow, Ruukki has sales operations in a number of Russian growth centres. Ruukki has about 2,100 employees in Russia. For more information, please contact: Olavi Huhtala, President, Ruukki Metals, tel. +358 20 59 29157 Saku Sipola, President, Ruukki Construction, tel. +358 20 59 28979 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 DISTRIBUTION OMX Nordic Exchange Helsinki Main media www.ruukki.com