Ruukki Group Plc, Stock Exchange Release, 10 October 2008 at 12:29 p.m. The Board of Directors of Ruukki Group Plc proposes to the Extraordinary General Meeting that the Board of Directors would be authorized to decide on the acquiring of own shares. By virtue of the authorization concerning the acquiring of own shares a maximum of 19,000,000 own shares could be acquired with the funds from the company's unrestricted shareholders' equity. The compensation paid for acquired shares will be determined on the grounds of the trading rate determined to the company's share in the OMX Nordic Exchange Helsinki on the day of the acquisition. The shares will be acquired in a public trade arranged by the OMX Nordic Exchange Helsinki to the market value of the acquisition moment formed in this trade. Because the shares are acquired in a public trade the acquisition doesn't correspond to the ownership relations. The shares shall be acquired according to the rules of OMX Nordic Exchange Helsinki that concern acquiring of own shares and otherwise according to the regulation related to acquiring own shares. The Board of Directors proposes that the authorization concerning the acquisition of own shares would among other things be used in developing the company's capital structure, in financing and executing corporate acquisitions and other arrangements, in executing the company's share-based incentive systems or otherwise in being transferred or cancelled. The acquisition of shares reduces the company's distributable non-restricted shareholders' equity. The Board of Directors proposes that the authorization is valid two years as from the decision of the Extraordinary General Meeting. ESPOO ON OCTOBER 10, 2008 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.
THE PROPOSAL OF THE BOARD OF DIRECTORS TO THE EXTRAORDINARY GENERAL MEETING FOR AUTHORISING THE BOARD OF DIRECTORS TO DECIDE ON THE ACQUIRING OF OWN SHARES
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