Rautaruukki - Company Announcement

Composition of Rautaruukki's Nomination Board

Rautaruukki Corporation Stock exchange release 4 October 2011 at 14.30 EEST

The representatives notified by the company's three largest shareholders have
been elected to Rautaruukki's Nomination Board. The representatives are: Kari
Järvinen, Managing Director, Solidium Oy; Timo Ritakallio, Deputy CEO, Ilmarinen
Mutual Pension Insurance Company; and Risto Murto, Executive Vice-President,
Investments, Varma Mutual Pension Insurance Company. Reino Hanhinen, Chairman of
Rautaruukki's Board of Directors, serves as the Nomination Board's expert
member.

Rautaruukki's 2011 Annual General Meeting held on 23 March 2011 resolved to
establish a Nomination Board to prepare proposals for the following Annual
General Meeting regarding the composition of the Board of Directors and the
directors' fees. Under the resolution, representatives of the three largest
shareholders at 1 October 2011 are elected to the Nomination Board and the
Chairman of the Board of Directors would serve as the expert member.

Rautaruukki's three largest shareholders at 1 October 2011 were Solidium Oy,
Ilmarinen Mutual Pension Insurance Company and Varma Mutual Pension Insurance
Company.

The Nomination Board is to prepare by 1 February 2012 its proposals for
Rautaruukki's following Annual General Meeting, which will take place on 14
March 2012.

For further information, please contact: Reino Hanhinen, Chairman of the Board
of Directors, tel. +358 20 592 9068

Rautaruukki Corporation
Taina Kyllönen
SVP, Marketing and Communications

Rautaruukki supplies metal-based components, systems and integrated systems to
the construction and engineering industries. The company has a wide selection of
metal products and services. Rautaruukki has operations in 27 countries and
employs 11,700 people. Net sales in 2010 totalled EUR 2.4 billion. The company's
share is quoted on NASDAQ OMX Helsinki (Rautaruukki Oyj: RTRKS). The Corporation
uses the marketing name Ruukki.

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




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