Proposals of the Nomination Committee regarding the composition and fees of Rautaruukki's Board of Directors

Rautaruukki Corporation  Stock exchange release 2 February 2009 at 9.00

Proposals of the Nomination Committee regarding the composition and fees of
Rautaruukki's Board of Directors 

The shareholders' Nomination Committee of Rautaruukki has decided to propose to
the Annual General Meeting convening on 24 March 2009 that the number of Board
members remains unchanged at seven. 

The Nomination Committee proposes that the present members of the Board of
Directors Maarit Aarni-Sirviö, Reino Hanhinen, Christer Granskog, Pirkko
Juntti, Kalle J. Korhonen and Liisa Leino be re-elected for a further term of
office lasting one year from the 2009 Annual General Meeting to the close of
the 2010 Annual General Meeting. Jukka Viinanen, who has served as chairman of
the Board since 2001, has announced that he is no longer available when
electing Board members for the next term of office. 

Furthermore, the Nomination Committee proposes that Hannu Ryöppönen BA (Bus
Admin), (b. 1952) Deputy CEO, Stora Enso Corporation, be elected to the Board
of Directors as a new member. His previous positions include CFO of Royal Ahold
N. V. (Amsterdam), CFO of Industri Kapital Group (London) and CFO of Ikea Group
(Copenhagen). For further information about the candidate, visit Rautaruukki's
website at www.ruukki.com. 

Moreover, the Nomination Committee proposes that Reino Hanhinen be elected as
chairman of the Board of Directors and that Christer Granskog be elected deputy
chairman. All candidates have consented to stand for election. 

Finally, the Nomination Committee proposes that the monthly fees of the Board
of Directors remain unchanged: 
Chairman   EUR 5,600 
Deputy chairman   EUR 3,500 
Members   EUR 2,700 

In addition to the above, Board members are paid an attendance fee of EUR 600
for Board of Directors' meetings, Board of Directors' committee meetings and
Supervisory Board meetings. Travel expenses are reimbursed in accordance with
the company's travel rules. 

The proposals above are included in the notice of the Annual General Meeting.

Mr Markku Tapio, Senior Financial Counsellor, served as chairman of the
Nomination Committee, Mr Timo Ritakallio, Deputy Chief Executive Officer, and
Mr Esa Rannila are members. Chairman of Rautaruukki's Board of Directors, Mr
Jukka Viinanen, served as the Committee's expert member. 


For further information, please contact: Mr Markku Tapio, Senior Financial
Counsellor, 
tel. +358 9 1602 3012. 

Rautaruukki Corporation
 
Anne Pirilä
SVP, Corporate Communications and Investor Relations

 
 
Rautaruukki supplies metal-based components, systems and total solutions 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 OMX Nordic Exchange Helsinki (Rautaruukki Oyj:
RTRKS). The Corporation uses the marketing name Ruukki. 
 
 
DISTRIBUTION:
NASDAQ OMX Helsinki
Main media
www.ruukki.com