ANNOUNCEMENT PURSUANT TO CHAPTER 2, SECTION 10 OF THE SECURITIES MARKET ACT


Ruukki Group Plc has today received an announcement pursuant to Securities      
Market Act chapter 2, section 9 regarding a change in shareholding:             

According to the announcement of Russian JSC VTB Bank (ОАО Банк ВТБ, state      
registration number 1027739609391) its or its affiliate's ownership will exceed
one tenth (1/10) of the share capital and voting rights of Ruukki Group Plc
based on agreements entered into on 12 February 2008. In case the agreements
will be fully implemented, the ownership of JSC VTB Bank or its affiliate will
exceed one tenth after the share transactions are finalised. 

Therefore, based on the agreements and on current ownership data, the ownership 
of JSC VTB Bank or its affiliate in Ruukki Group Plc would be the following
after the share transactions have been finalised: 

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| Owner                |    Number of shares | Percentage of share capital and |
|                      |                     |                   voting rights |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| JSC VTB Bank         |          29,200,000 |                         10.07 % |
--------------------------------------------------------------------------------

Ruukki Group Plc's registered number of shares is 290,034,022 and share capital 
is EUR 23,642,049.60.                                                           

RUUKKI GROUP PLC                                                                

Matti Vikkula                                                                   
Chief Executive Director                                                        

Ruukki Group focuses on wood-based industrial business operations. Currently the
group operations are located mainly in Finland, but in future the targeted      
emphasis is principally in Russia. Ruukki Group Plc is listed on the Helsinki   
Stock Exchange. The company's share is quoted on the OMX Nordic Exchange under  
the Mid Cap segment in the Industrials sector.