Ruukki Group Oyj - Company Announcement

PAYMENT OF SHARE BASED INCENTIVE COMPENSATION

07:00 London, 09:00 Helsinki, 7 December 2012 - Ruukki Group Plc, Stock Exchange
Release

PAYMENT OF SHARE BASED INCENTIVE COMPENSATION

The Board of Ruukki Group Plc ("Ruukki" or the "Company") (LSE: RKKI, OMX:
RUG1V) announces that it has confirmed the amount of share based incentive bonus
 the Executive Management Team ("EMT") will receive for the year 2011.

As previously disclosed, the EMT remuneration package is a combination of a base
salary, annual bonus and long-term share based incentives. The annual bonus plan
entitles executives to receive between 0% to 140% (CEO: 0 % to 200%) of their
annual base salary, which is paid 75 % in cash and 25 % in shares. The bonus
targets are based on Ruukki's overall financial and operational results as well
as on each executive's individual performance. For 2011, the annual bonus KPIs
were based on EBITDA, production volumes and key health, safety and environment
related parameters.

The Board of Directors has resolved to grant a total of 117,245 ordinary shares
in the Company to the members of the EMT as their share based incentive bonus
for the year 2011. The shares are issued under the authorization given by the
Company's Annual General Meeting in May 2012 and form a part of the Company's
incentive programme for senior management.

Under the terms of the directed free share issue scheme, the shares are offered
free of charge and in derogation of the pre-emptive subscription right of
shareholders. The shares are subject to restrictions on transferability and
pledge-ability until 24 months from the allotment date, after which the shares
can be transferred and used as a pledge.

Details of the share grant and resultant shareholdings are set out below:

+---------------------+--------------+-----------------+-----------------------+
|Director / Senior    |Shares Granted|Resultant Holding|Percentage of issued   |
|Manager              |              |                 |share capital          |
+---------------------+--------------+-----------------+-----------------------+
|Dr Danko Koncar*     |        19,672|           19,672|                  0.008|
+---------------------+--------------+-----------------+-----------------------+
|Mr Thomas Hoyer      |        41,592|           93,675|                  0.038|
+---------------------+--------------+-----------------+-----------------------+
|Dr Alistair Ruiters  |        18,211|          418,211|                  0.168|
+---------------------+--------------+-----------------+-----------------------+
|Mr Markus Kivimäki   |        12,590|           12,590|                  0.005|
+---------------------+--------------+-----------------+-----------------------+
|Mr Kalle Lehtonen    |        12,590|           12,590|                  0.005|
+---------------------+--------------+-----------------+-----------------------+
|Mr Stefano Bonati    |        12,590|           12,590|                  0.005|
+---------------------+--------------+-----------------+-----------------------+

*Dr Koncar's interested parties hold a total of 70,766,500 ordinary shares in
the Company which is 28.49 % of the total issued number of shares.


RUUKKI GROUP PLC
Thomas Hoyer
CEO


For additional information, please contact:

Ruukki Group Plc
Thomas Hoyer, CEO, +358 (0)10 440 7000, thomas.hoyer@ruukkigroup.com
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

RBC Capital Markets
Martin Eales, +44 (0)20 7653 4000, martin.eales@rbccm.com
Peter Barrett-Lennard, +44 (0)20 7653 4000, peter.barrett-lennard@rbccm.com


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

[HUG#1663264]