Rautaruukki - Major shareholder announcements

Notice from Solidium Oy about change in holding of Rautaruukki Corporation's shares

Rautaruukki Corporation Stock exchange release 24 July 2014 at 9am EEST

Notice from Solidium Oy about change in holding of Rautaruukki Corporation's
shares

Rautaruukki Corporation has received notice from Solidium Oy about a change in
its holding of shares in the company.

SSAB AB (publ) ("SSAB") has announced that according to the preliminary result
of the share exchange offer made to the shareholders of Rautaruukki Corporation
("Rautaruukki"), the shares tendered in the share exchange offer represent
approximately 95.1 percent of all the shares and votes in Rautaruukki. The Board
of Directors of SSAB has resolved to issue a total of up to 67,000,000 new class
A shares and up to 169,000,000 new class B shares as consideration in the share
exchange offer to the shareholders in Rautaruukki. The final result of the share
exchange offer will be confirmed and announced on or about July 29, 2014.

As all the conditions to the completion of the share exchange offer have been
fulfilled, SSAB will complete the share exchange offer in accordance with its
terms and conditions, subject to the conditions to the completion of the share
exchange offer remaining fulfilled at the time of completion.

Solidium Oy (business ID 2245475-9) ("Solidium") has 23 July 2014 announced,
that as a result of the completion of the share exchange offer it's holding of
Rautaruukki's shares will fall from 39.67 per cent to 0 per cent.

Solidium is a limited company wholly-owned by the Finnish State.

For further information, please contact:
Taina Kyllönen, SVP, Marketing and Communications, tel. +358 20 592 9040
Timo Pirskanen, SVP, Investor relations, tel. +358 20 593 9009

Taina Kyllönen
SVP, Marketing and Communications

Ruukki specialises in steel and steel construction. We provide customers with
energy-efficient steel solutions for better living, working and moving. We have
around 9,000 employees and an extensive distribution and dealer network across
some 30 countries including the Nordic countries, Russia and elsewhere in Europe
and the emerging markets, such as India, China and South America. Net sales in
2012 totalled €2.8 billion. The company's share is quoted on NASDAQ OMX Helsinki
(Rautaruukki Oyj: RTRKS). www.ruukki.com

DISTRIBUTION:
NASDAQ OMX Helsinki
Main media
www.ruukki.com


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