Ruukki Group Plc, Stock Exchange Release, 23 June 2008 at 09:23 a.m. Ruukki Group has entered into an agreement to sell all the shares of Mikeva Oy, the parent company of its Care Services business, to DF-Care Oy that is owned by a fund owned by Intera Equity Partners. The sale price of the shares is approximately EUR 13 million and the expected gain on disposal about EUR 6 million. The final sale price depends, inter alia, on the amount of net debt on the Mikeva group's consolidated balance sheet at the date of ownership transfer. The closing of the transaction is assumed to be finalised in the beginning of July. Hence, the Care Services business is expected to be consolidated into Ruukki Group up until the end of June. The Care Services segment accounted for about 8 % of Ruukki Group's January-March 2008 consolidated revenue. The share transaction now agreed relates to the Group's ongoing strategic reposition, according to which group operations are focused on the one hand to various wood processing operations, and new opportunities are sought after for expansion into minerals business, in the first phase to ferro chrome markets, on the other hand. RUUKKI GROUP PLC MATTI VIKKULA CHIEF EXECUTIVE OFFICER Ruukki Group Plc's shares are listed on OMX Nordic Exchange Helsinki in which the shares of the Company are traded in the mid cap segment, in the industrials sector. For additional information, please contact: Matti Vikkula Chief Executive Officer Ruukki Group Plc Tel. + 358 45 6700 606 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.