Impact on personnel will become clear after Rautaruukki's employer-employee negotiations

Rautaruukki Corporation  Stock exchange release  4 December 2008 at 13:15

Impact on personnel will become clear after Rautaruukki's employer-employee
negotiations 

Owing to inaccurate public information appearing today, Rautaruukki refers to
its stock exchange release dated 1 December 2008: In the context of adjustment
and efficiency measures, the company is to start employer-employee negotiations
about possible lay-offs, redundancies and part-time working in different market
areas. All impacts on the personnel will become clear after these
employer-employee negotiations have ended. Negotiation proposals have been
given and a start will be made next week on negotiations in the various units. 

Ruukki Production has about 4,000 workers in Finland that, in accordance with
the employer-employee negotiation scheme, come within these negotiations. 


For further information, please contact: Sakari Tamminen, President & CEO, tel.
+358 20 592 9075 



For further information, please contact:
Sakari Tamminen, President & CEO, tel. +358 20 592 9075


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 26 countries and
employs 15,000 people. Net sales in 2007 totalled EUR 3.9 billion. The
company's share is quoted on NASDAQ OMX Helsinki (Rautaruukki Oyj: RTRKS). The
Corporation uses the marketing name Ruukki. www.ruukki.com 
 
 
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www.ruukki.com