Ruukki Group Plc, Stock Exchange Release, 22 July 2008 at 6:10 p.m. CHANGES IN RUUKKI GROUP PLC´S MANAGEMENT Ruukki Group Plc`s Chief Executive Officer and Managing Director Matti Vikkula and the company have agreed to terminate the service agreement of Mr. Vikkula effective as of 31 July 2008. The Board of Directors of Ruukki Group Plc is currently working on the renewed management structure and will shortly announce the key group management and their roles and responsibilities. In order to reflect the strategic change being implemented at Ruukki Group, the Board of Directors has decided to change the group management structure. As part of the process it has been agreed that Matti Vikkula will leave Ruukki Group. “The decision made by the Board of Directors of Ruukki Group to broaden the business portfolio into minerals looks very promising, especially from profitability perspective. A material change in business focus needs to be reflected in the management structure as well.”, says Matti Vikkula. RUUKKI GROUP PLC BOARD OF DIRECTORS 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: Alwyn Smit Chairman of the Board Ruukki Group Plc Telephone +358 50 442 1663 / +41 7960 19094 www.ruukkigroup.fi Matti Vikkula Chief Executive Officer Ruukki Group Plc Telephone +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.