Ruukki Group Plc, Stock Exchange Release, 12 September 2008 at 3:10 p.m.
The Board of Directors of Ruukki Group Plc has made the following decisions
related to the Company's and Group's management structure:
Alwyn Smit has, with immediate effect, been elected as Ruukki Group Plc`s Chief
Executive Officer and Managing Director. Alwyn Smit will for the time being
continue in his role as the Chairman of the Board as well. Alwyn Smit is 47
years old and lives in Switzerland. Prior to joining Ruukki Group's Board, Mr.
Smit has about twenty years of international experience in banking and finance,
e.g. being the founder and ex-CEO of Decillion Limited listed on Johannesburg
stock exchange.
Alwyn Smit and Jelena Manojlovic have been elected to form the Company's Audit
Committee.
At the same instance, it has been decided that the Company will have two Deputy
CEOs to assist Alwyn Smit: Jukka Havia, a Deputy CEO, being responsible for
Finance and Acquisitions, and Antti Kivimaa, a Deputy CEO, being responsible for
Finnish forest industry businesses.
RUUKKI GROUP PLC
BOARD OF DIRECTORS
Ruukki Group Plc's shares are listed on OMX Nordic Exchange Helsinki in which
the shares of the Company are traded in the mid cap segment, in the industrials
sector.
For additional information, please contact:
Alwyn Smit
Chairman of the Board and CEO
Ruukki Group Plc
Telephone +358 50 442 1663 / +41 7960 19094
www.ruukkigroup.fi
This stock exchange release is based on a translation into English of a document
written in Finnish. In case of any discrepancies, inconsistencies or
inaccuracies, the Finnish version of the release shall prevail.