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


Ruukki Group Plc, Stock Exchange Release, 5 November at 12:05 p.m.              

Ruukki Group Plc has today received an announcement pursuant to Securities      
Market Act chapter 2, section 9 regarding a change in shareholding:             

Procomex S.A. (registration number R.C. Luxembourg B 57.877) announces that it  
has on 4 November 2008 sold 82,930 forward contracts which correspond to        
8,293,000 Ruukki Group Plc shares. As a result, Procomex S.A.'s holdings have   
fallen below one twentieth (1/20) of the share capital and voting rights of     
Ruukki Group Plc.                                                               

The holdings of Procomex S.A. in Ruukki Group Plc are the following:            

--------------------------------------------------------------------------------
|        shares |      via option |            total |  share of voting rights |
|               |       contracts |                  |       and share capital |
--------------------------------------------------------------------------------
|       454,842 |       8,297,704 |        8,752,546 |                  3.02 % |
--------------------------------------------------------------------------------

Ruukki Group Plc's registered number of shares is 290,034,022 and share capital 
is EUR 23,642,049.60.                                                           

RUUKKI GROUP PLC                                                                

Alwyn Smit                                                                      
Chairman of the Board and CEO                                                   

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.