Rautaruukki receives warning and fine for failure to comply with stock exchange rules

Rautaruukki Corporation Stock exchange release 29 August 2014 at 4.30pm EEST

Rautaruukki receives warning and fine for failure to comply with stock exchange
rules

Nasdaq OMX Helsinki Ltd's Disciplinary Committee has today imposed a warning and
fine of EUR 100,000 on Rautaruukki Corporation under rule 8.2.3 of the Rules of
the Exchange. According to the resolution of the Disciplinary Committee,
Rautaruukki failed to comply with rules 8.1.2 (1 July 2013, current rule 9.1.2)
and 2.2.4.3 of the Rules of the Exchange in August-September 2013 concerning the
provision of information to the Exchange for surveillance purposes and the
arrangement of governance regarding this.

The Disciplinary Committee considers that Rautaruukki failed to comply with its
obligation to provide information to NASDAQ OMX Helsinki Ltd's ("Stock
Exchange") when Helsinki Surveillance had noticed unusual features in the
trading of Rautaruukki's share and that neither did Rautaruukki's governance
meet the requirements imposed on listed companies in conjunction with the share
exchange offer made for the company by the Swedish company SSAB AB. According to
the response issued by Rautaruukki, the discussions held with SSAB before the
time of the incident had been preliminary and the discussions had been
discontinued in August. For this reason, the company was of the view that there
was no obligation to disclose information about the project. The Disciplinary
Committee's grounds are detailed in the public version of the decision published
by the Stock Exchange today.

Rautaruukki takes compliance with insider regulations very seriously and will
henceforth strive to further improve its disclosure processes and governance to
prevent the recurrence of similar situations.

For further information, please contact: Olli Huuskonen, SVP, General Counsel,
tel. +358 20 5929 300

Rautaruukki Corporation

Taina Kyllönen
SVP, Marketing and Communications

Rautaruukki is now part of SSAB (publ) ("SSAB"), a steel company with global
reach which has its main production plants in Sweden, Finland and the United
States. The company's steel business is structured around four divisions - SSAB
Special Steels, SSAB Europe, SSAB Americas and the steel distribution partner
Tibnor, and one division, Ruukki Construction, which focuses on the construction
business. Rautaruukki's share is quoted on NASDAQ OMX Helsinki. SSAB's shares
are quoted on NASDAQ OMX Nordic Stockholm and NASDAQ OMX Helsinki. www.ssab.com.
www.ruukki.com
DISTRIBUTION:
NASDAQ OMX Helsinki
Main media
www.ruukki.com

[HUG#1852322]