Frame delivery for football stadium in St Petersburg to be re-tendered


Rautaruukki Corporation Stock Exchange Release 30 January 2009 at 11.40

Frame delivery for football stadium in St Petersburg to be re-tendered

Materialisation of the approximately EUR 100 million contract, signed by
Rautaruukki in February 2008, to deliver steel structures for the new Zenit
football stadium in St Petersburg, Russia has turned out to be uncertain. 

For reasons beyond Ruukki's control, the project start has been postponed
several times. The main contractor of the project has changed and the new
contractor is re-tendering the frame delivery. 

Ruukki had not started making the steel structures for the Zenit project and
has thus not incurred costs as a result of the project. 

Ruukki is negotiating about the delivery, but there is currently no certainty
that the project will continue as far as Ruukki is concerned. 


Ruukki announced the matter in a stock exchange bulletin dated 22 February
2008. 


For further information, please contact: Saku Sipola, President, Ruukki
Construction, tel. +358 20 592 8979 



Rautaruukki Corporation
 
Anne Pirilä
SVP, Corporate Communications and Investor Relations

 
 
Rautaruukki supplies metal-based components, systems and total solutions to the
construction and engi-neering 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 OMX Nordic Exchange Helsinki (Rautaruukki Oyj:
RTRKS). The Corpo-ration uses the marketing name Ruukki. 
 
 
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