Ruukki Group Oyj - Decisions of general meeting

DECISIONS BY RUUKKI GROUP PLC'S EXTRAORDINARY GENERAL MEETING

Ruukki Group Plc's extraordinary general meeting was held in Espoo on 12 June   
2007.                                                                           

Decisions of the extraordinary general meeting were the following:              

Arno Pelkonen and Timo Poranen were elected as new board members.               

Mikko Haapanen, Markku Kankaala, Matti Lainema, Kai Mäkelä, Matti Vikkula ja    
Ahti Vilppula will continue in Ruukki Group's Board. Board members Timo Honkala 
and Fredrik Danielsson have announced that they will leave the board as of 12   
June 2007.                                                                      

The extraordinary general meeting decided that the articles of association of   
the company will be partly amended in accordance with the board of directors'   
proposition so that the business definition of the company was decided to be    
amended, and moreover, the company's English business name was decided to be    
Ruukki Group Plc. The board of directors' proposal amending articles of         
association has been published by a stock exchange release on 25 May 2007.      

The extraordinary general meeting decided in accordance with the board of       
directors' proposition that a directed share issue against payment is to be     
carried out, and furthermore, the board was authorized to decide on an          
additional share issue. The funds are primarily intended to finance the         
construction of a sawmill and a chemi-mechanical market pulp mill or            
alternatively a chemical pulp mill in the Kostroma region in Russia. In the     
share issue a minimum of 100,000,000 and a maximum of 130,000,000 new shares    
will be offered against payment for company's shareholders and corresponding    
parties and to institutional investors. The subscription price will be a minimum
of EUR 1.90 and a maximum of EUR 2.90 per share. In addition, the board of      
directors is authorized to offer a maximum of 20,000,000 new shares to cover any
possible over-allotments. Subscription commitments concerning new shares shall  
be given in the time period estimated to start on 14 June at 10 a.m. and to end 
on 20 June at 4 p.m. The estimated share subscription period for new shares is  
27 - 28 June 2007. The board of directors' proposition of the directed share    
issue against payment has been published by a stock exchange release on 25 May  
2007 and Board of director's redefined proposition have been published by a     
stock exchange release on 5 June 2007.                                          

RUUKKI GROUP PLC                                                                

BOARD OF DIRECTORS                                                              

Ruukki Group is a multi-sector industrial group having mainly majority ownership
interests in various small and medium-sized companies in e.g. house building,   
sawmilling, business, furniture business and care services. Ruukki Group share  
(RUG1V) is listed on OMX Nordic Exchange's so-called small cap category.        

For any further information, please contact:                                    

Antti Kivimaa                                                                   
Chief Executive Officer                                                         
Ruukki Group Plc                                                                
Telephone +358 400 501 780.                                                     
www.ruukkigroup.fi