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


Ruukki Group Plc, Stock Exchange Release, 19 January 2009 at 7:35 p.m.          

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

Ruukki Group Plc has today received the following information in relation to the
announcement pursuant to Securities Market Act chapter 2, section 9 regarding a 
change in shareholding published on 16 January 2008.                            

The flagging notification of RCS Trading Corporation Ltd (company number 65574B,
Nassau, Bahamas) and Kermas Limited (registration number 504889, Tortola,       
British Virgin Islands) that was published on 16 January 2009 included          
inaccurate information regarding the ownership distribution between the number  
of shares and forward contract agreements.  The total ownership was accurate.   

RCS Trading Corporation Ltd and Kermas Limited own Ruukki Group Plc shares and  
forward contracts as follows:                                                   

--------------------------------------------------------------------------------
|            |   Kermas Limited    |    RCS Trading      |        Total        |
--------------------------------------------------------------------------------
|            |   number |     % of |   number |     % of |   number |     % of |
|            |       of |   shares |       of |   shares |       of |   shares |
|            |   shares |      and |   shares |      and |   shares |      and |
|            |          |   voting |          |   voting |          |   voting |
|            |          |   rights |          |   rights |          |   rights |
--------------------------------------------------------------------------------
| Current    | 31,711,2 |  10.93 % |        0 |      0 % | 31,711,2 |  10.93 % |
| ownership  |       00 |          |          |          |       00 |          |
| (shares)   |          |          |          |          |          |          |
--------------------------------------------------------------------------------
| Potential  | +55,255, |  19.05 % |          |          | 55,255,3 |  19.05 % |
| future     |      300 |          |          |          |       00 |          |
| ownership  |          |          |          |          |          |          |
| (forwards) |          |          |          |          |          |          |
--------------------------------------------------------------------------------
| Potential  | +73,170, |  25.23 % |          |          | 73,170,7 |  25.23 % |
| future     |      731 |          |          |          |       31 |          |
| ownership  |          |          |          |          |          |          |
| (option    |          |          |          |          |          |          |
| arrangemen |          |          |          |          |          |          |
| t)         |          |          |          |          |          |          |
--------------------------------------------------------------------------------
| Total      | 160,137, |  55.21 % |        0 |      0 % | 160,137, |  55.21 % |
|            |      231 |          |          |          |      231 |          |
--------------------------------------------------------------------------------

The holdings are calculated and based on Ruukki Group Plc's registered number of
shares which is 290,034,022 shares.                                             

Of the forward contracts 200,000 (20.000.000 shares) will expire in February    
2009 and 352,553 (35,255,300 shares) in June 2009.                              

Ruukki Group Plc's registered number of shares is 290,034,022 and share capital 
is EUR 23,642,049.60. The number of treasury shares held by Ruukki Group Plc on 
19 January 2009 is 15,780,000 shares.                                           

RUUKKI GROUP PLC                                                                
                                                                                
Alwyn Smit                                                                      
Chairman of the Board and CEO                                                   
                                                                                
Ruukki Group specialises in industrial refining of certain natural resources.   
The Group has two focus areas: Wood Processing and Minerals. Ruukki Group Plc's 
shares are listed on Nasdaq OMX 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.