Ruukki Group Oyj - Company Announcement

APPOINTMENT OF CHIEF EXECUTIVE OFFICER AND CONTINUATION OF ORGANISATIONAL RESTRUCTURING

06:50 London, 08:50 Helsinki, 12 February 2013 - Ruukki Group Plc, Stock
Exchange Release

APPOINTMENT OF CHIEF EXECUTIVE OFFICER AND CONTINUATION OF ORGANISATIONAL
RESTRUCTURING

Ruukki  Group Plc ("Ruukki" or the "Company") (LSE: RKKI, OMX: RUG1V) is pleased
to announce that the Board of Directors has appointed Dr Danko Koncar as the new
Chief  Executive  Officer  for  the  Company,  effective  immediately. Dr Koncar
previously  served as Executive  Enterprise Director for  the Company. Dr Koncar
and his interested parties hold 70,936,172 shares representing 28.55 per cent of
the Company's issued share capital.

As  previously  disclosed,  Mr  Thomas  Hoyer,  CEO; Mr Markus Kivimäki, General
Manager:  Corporate Affairs;  and Mr  Kalle Lehtonen,  General Manager: Finance,
will  leave their positions.  All the resigning  executives will remain with the
Company until end of March 2013 to ensure a smooth handover of responsibilities.

ORGANISATIONAL CHANGES
The  Board  of  Directors  has  taken  the  decision to centralise the Company's
headquarter  and  other  group  support  functions  to  Malta.  By  centralising
functions  into one  location the  Company expects  significant benefits through
increased  efficiency and lower  costs. Following the  disposal of Ruukki's wood
processing  businesses in 2011 the  Company has no  remaining operative units in
Finland.  Ruukki has  had a  presence in  Malta since  2008 where it has already
centralised its sales and marketing operations.

Dr  Jelena  Manojlovic,  Chairman,  said:  "During  the past three years Thomas,
Markus,  Kalle and  the whole  Helsinki-based team  have successfully executed a
major  strategic  change.  From  a  diversified  conglomerate  with interests in
various  industries  Ruukki  has  been  transformed  into  a  focused mining and
minerals company. Our focus on specialised products provides us with a good base
for profitability.

With these changes in the organisation our management structure will become more
aligned  with operations  and we  are confident  that the increased efficiencies
targeted will in the long run improve profitability."

Dr  Danko  Koncar,  CEO,  said:  "As  the 2012 results published today show, the
company  is continuously improving its  performance despite the very challenging
market  environment. Last year was Ruukki's most  profitable year to date in the
mining  and minerals business. Our aim is to secure positive development even if
the market environment continues to be tough.

Our near-term focus is on efficiency and cash-flow maximisation, but that does
not mean that we are abandoning our long-term growth strategy. We are committed
to growing our business and are currently evaluating multiple growth tracks. To
further process our products at Mogale Alloys could open up a new market for us
and significantly improve the margin of our operation. We are also looking into
further expanding our mining activities, both in South-Africa and in Turkey.
Energy is a key component for Ruukki and we are undertaking various initiatives
related to securing availability of power and reducing our energy costs.

We aim to generate cash-flow and profits for our shareholders. With the Board's
proposal for a one Euro cent capital redemption at the AGM in May, we wish to
show to our shareholders that, even in the most challenging market I have
experienced during my over 20 years in this industry, Ruukki generates cash and
is able to distribute cash to its owners. We are committed to increase our
distribution to shareholders as the performance of the company further improves
and the Board will discuss a potential additional dividend later in the year."


RUUKKI GROUP PLC
Jelena Manojlovic
Chairman of the Board


For additional information, please contact:

Ruukki Group Plc
Markus Kivimäki, General Manager: Corporate Affairs, +358 (0)10 440 7000,
markus.kivimaki@ruukkigroup.com

Investec Bank Plc
Neil Elliot, +44 (0)20 7597 5970, neil.elliot@investec.co.uk
George Price, +44 (0)20 7597 5970, george.price@investec.co.uk


Ruukki Group is a chrome mining and minerals producer focused on delivering
sustainable growth with a speciality alloys business in southern Europe and a
ferro alloys business in southern Africa. The Company is listed on NASDAQ OMX
Helsinki (RUG1V) and the Main Market of the London Stock Exchange (RKKI).
www.ruukkigroup.com

Distribution:
NASDAQ OMX Helsinki
London Stock Exchange
main media
www.ruukkigroup.com



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