Rautaruukki - Major shareholder announcements

Notification under Chapter 2, Section 10 of the Finnish Securities Markets Act

Rautaruukki Corporation Stock exchange release 12 December 2008 at 11.45
Notification under Chapter 2, Section 10 of the Finnish Securities Markets Act

The Finnish State and Solidium Oy (Business ID number 0866693-1) give
notification of the following arrangement that will result in the Finnish
State's shareholding in Rautaruukki Corporation falling below the threshold
provided for by Chapter 2, Section 9 of the Finnish Securities Markets Act and
Solidium Oy's ownership exceeding that threshold: 

On 11 December 2008, the Finnish State transferred, as a capital contribution
under the Limited Liability Companies Act, all the Rautaruukki Corporation
shares it owns to Solidium Oy, which is owned entirely by the Finnish State. As
a result of the transfer, the Finnish State no longer has any shareholding in
Rautaruukki Corporation. On 17 October 2008, the Finnish Financial Supervision
Authority (FIN-FSA) granted an exemption to Solidium Oy under Chapter 6,
Section 15 of the Finnish Securities Markets Act. The exemption entered into
legal force on 3 December 2008. 

The number of Rautaruukki Corporation shares and percentage of all Rautaruukki
Corporation shares transferred to Solidium Oy is as follows: Solidium Oy owns
55,656,699 Rautaruukki Corporation shares, which equates to 36.69 per cent of
Rautaruukki's share capital and votes. 

The Finnish State's shareholding in Rautaruukki Corporation has decreased to 0
per cent of Rautaruukki Corporation's shares and votes. 

Target company: Rautaruukki Corporation (Business ID number 0113276-9) 
Date of change in shareholdings: 11 December 2008.

As at 30 November 2008, Rautaruukki Corporation's registered share capital
comprises 140,229,429 shares. 
Rautaruukki Corporation
Anne Pirilä
SVP, Communications and Investor Relations


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 26 countries and
employs 15,000 people. Net sales in 2007 totalled EUR 3.9 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