Resolutions of Rautaruukki Corporation's Annual General and Board of Directors meetings

Rautaruukki Corporation        Stock exchange release 14 March 2012 at 4.45pm
EET
Resolutions of the Annual General Meeting

Rautaruukki Corporation's Annual General Meeting held today approved the payment
of a dividend for 2011 of EUR 0.50 per share in accordance with the Board of
Directors' proposal. Pertti Korhonen, Liisa Leino, Matti Lievonen, Hannu
Ryöppönen and Jaana Tuominen were re-elected to the Board and President and CEO
Kim Gran and CFO Saila Miettinen-Lähde were elected to the Board as new members.
The Annual General Meeting approved the parent company's annual accounts and
consolidated annual accounts and discharged the members of the Board of
Directors and the President & CEO from liability for 2011.

Rautaruukki Corporation's Annual General Meeting was held today in Helsinki. A
total of 520 shareholders were represented at the Annual General Meeting.

Dividend
Rautaruukki Corporation's Annual General Meeting approved the payment of a
dividend for 2011 of EUR 0.50 per share in accordance with the Board of
Directors' proposal. The dividend will be paid to shareholders on the company's
shareholders register maintained by Euroclear Finland Ltd at the record date 19
March 2012. It was decided that the dividend will be paid on 28 March 2012.

Board of Directors
It was confirmed that the number of members of the Board of Directors is seven
(7). President & CEO Pertti Korhonen, Chairman of the Board of Directors Liisa
Leino, President & CEO Matti Lievonen, Hannu Ryöppönen, BA (Bus Admin) and CEO
Jaana Tuominen were re-elected to the Board. President and CEO Kim Gran and CFO
Saila Miettinen-Lähde were elected as new members of the Board of Directors. Kim
Gran was appointed as chairman of the Board of Directors and Hannu Ryöppönen as
deputy chairman.

Fees of the Board of Directors
The Annual General Meeting approved payment of the annual fee of EUR 72,000 to
the chairman of the Board of Directors, EUR 44,000 to the deputy chairman and
EUR 34,000 to other members of the Board, together with an attendance fee of EUR
600 for each meeting, including Board of Directors' committee meetings. 40 per
cent of the annual fee is to be paid in the form of Rautaruukki Oyj shares
purchased from the market. The shares will be purchased within two weeks of the
publication of the company's interim report for the first quarter of 2012.

Auditor
KHT audit firm KPMG Oy Ab was re-appointed as the company's auditor. The auditor
will be paid a fee against invoice approved by the company.

Authority to acquire the company's own shares
In accordance with the Board of Directors' proposal, the Annual General Meeting
granted the Board of Directors the authority to acquire a maximum of 12,000,000
of the company's own shares. The authority is valid until the following Annual
General Meeting.

Establishment of a Nomination Board
The Annual General Meeting decided to establish a Nomination Board to prepare
proposals for the following Annual General Meeting regarding the composition of
the Board of Directors and directors' fees.

The minutes of the Annual General Meeting will be available for the inspection
of shareholders at the company's head office and may also be viewed on the
company's website at www.ruukki.com by 28 March 2012. The proposals made to the
Annual General Meeting may be viewed in their entirety on the company's website.

Resolutions of the organisation meeting of Rautaruukki Corporation's Board of
Directors

Audit Committee
The Board of Directors appointed Hannu Ryöppönen as chairman and Saila
Miettinen-Lähde and Jaana Tuominen as members of the Audit Committee.

Remuneration and HR Committee
The Board of Directors appointed Kim Gran as chairman and Pertti Korhonen, Liisa
Leino and Matti Lievonen as members of the Remuneration and HR Committee.

All members of the Board of Directors are independent of the company and of the
company's major shareholders.

For further information, please contact:
Sakari Tamminen, President & CEO, tel. +358 20 592 9075
Olli Huuskonen, Secretary to the Board of Directors, tel. +358 20 592 9300

Rautaruukki Corporation

Taina Kyllönen
SVP, Marketing and Communications

DISTRIBUTION:
NASDAQ OMX Helsinki
Main media
www.ruukki.com

Ruukki provides its customers with energy-efficient steel solutions for better
living, working and moving. Ruukki operates in some 30 countries and employs
around 11,800 people. Net sales in 2011 totalled EUR 2.8 billion. The company's
share is quoted on NASDAQ OMX Helsinki (Rautaruukki Oyj: RTRKS).


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