Ruukki Group Plc, Investor News, 31 October 2008 at 1:00 p.m. Oplax Oy, a subsidiary of Ruukki Group's sawmill business segment, has on 31 October 2008 entered into agreement of acquiring the entire share capital of PSL Räinä Oy, which operates in wooden loading pallets business and is located in Rovaniemi. The closing of the transaction will take place in early November. The revenue of PSL Räinä Oy reached approximately EUR 2.0 million in 2007 and there were 9 employees. Räinä's carpentry business is excluded from the transaction. Oplax Oy produces wooden loading pallets for paper and steel industry in Oulu, Kemi and Tornio. Its revenue totalled EUR 7.0 million in 2007 and it had on average a total of 35 employees. RUUKKI GROUP PLC Alwyn Smit Chairman of the Board and CEO For additional information, please contact: Antti Kivimaa Deputy CEO, domestic wood processing businesses Ruukki Group Plc Telephone + 358 400 501 780 www.ruukkigroup.fi Sakari Kiviniemi Managing Director Oplax Oy Telephone +358 400 218 775 www.oplax.fi