RUUKKI GROUP PLC CANCELS ITS OWN SHARES


Ruukki Group Plc, Stock Exchange Release, 3 February 2009 at 7:10 p.m.          

RUUKKI GROUP PLC CANCELS ITS OWN SHARES                                         

Ruukki Group Plc's Board of Directors has decided to cancel 29,000,000 own      
shares held by the company. The cancellation does not affect company's share    
capital. After the cancellation company will not hold any own shares.          

The registered number of shares will be 261,034,022 after the cancellation.     

The cancellation becomes valid after it has been registered at the Trade        
Register, which is estimated to take place on 17 February 2009.                 

RUUKKI GROUP PLC                                                                

BOARD OF DIRECTORS                                                              

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.