RUUKKI GROUP'S HOUSE BUILDING BUSINESS FINALISED THE ACQUISITION OF GLORIA HOUSE FINLAND OY'S BUSINESS


Ruukki Group Plc, Investor News, 19 November 2008 at 09:00 a.m.                 

RUUKKI GROUP'S HOUSE BUILDING BUSINESS FINALISED THE ACQUISITION OF GLORIA HOUSE
FINLAND OY'S BUSINESS                                                           

The parent company of Ruukki Group's House Building business, Pohjolan          
Design-Talo Oy, has finalised the acquisition of Gloria House Finland Oy's      
business as announced on 11 September 2008. The purchase consideration totals   
EUR 0.3 million.                                                                

According to Kimmo Kurkela, Managing Director of Pohjolan Design-Talo Oy: ”The  
acquisition of Gloria House Finland Oy's business strengthens Design-Talo's     
assortment and enables growth in new customer segments and new geographical     
areas. Especially we will target selling the Gloria House's good quality product
range on Russian markets.”                                                      

RUUKKI GROUP PLC                                                                

Alwyn Smit                                                                      
Chairman of the Board and CEO                                                   

For additional information, please contact:                                     

Antti Kivimaa                                                                   
Deputy CEO, domestic wood processing businesses                                 
Ruukki Group Plc                                                                
Telephone +358 400 501 780                                                      
www.ruukkigroup.fi                                                              

Kimmo Kurkela                                                                   
Managing Director                                                               
Pohjolan Design-Talo Oy                                                         
Telephone +358 50 379 6900                                                      
www.designtalo.fi                                                               

This investor news 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.