Ruukki Group Oyj - Decisions of extraordinary general meeting

DECISIONS OF RUUKKI GROUP PLC'S EXTRAORDINARY GENERAL MEETING

Ruukki Group Plc, Stock Exchange Release, 11 July 2008 at 12:05 p.m.            

Ruukki Group Plc's Extraordinary General Meeting was held in Espoo on Friday 11 
July 2008. The Board of Directors' proposals for the General Meeting were
published by a stock exchange release on 19 June 2008. 

The number of Board members was decided to be five.                             

Markku Kankaala and Alwyn Smit were re-elected to the Board. Tom Borman, Esa    
Hukkanen and Jelena Manojlovic were elected as new Board members.              

After the Extraordinary General Meeting the Board organised itself so that Alwyn
Smit was elected as the Chairman of the Board.                                  

The Extraordinary General Meeting resolved the compensation of the Board of     
Directors as follows: Chairman of the Board EUR 30,000 per month, and EUR 5,000
per month for each member. The position of the Chairman is full-time. 

Moreover, RCS Trading Corporation Limited, a shareholder of Ruukki Group Plc,   
told that it will in the next shareholders meeting propose that the Chairman of 
the Board would be granted altogether 2,900,000 option rights with a strike     
price of EUR 2.30 per share.                                                    

The Board of Directors took away its proposal to amend the field of activities  
of the company in the articles of association, so the issue was not dealt with. 
Since minerals business is planned to be carried out in subsidiaries, the       
Extraordinary General Meeting however stated that withdrawing the proposal does 
not affect the ongoing surveys and potential future implementation of the       
minerals business initiatives.                                                  

RUUKKI GROUP PLC                                                                
Alwyn Smit                                                                      
Chairman of the Board                                                           

Ruukki Group Plc's shares are listed on OMX Nordic Exchange Helsinki in which   
the shares of the Company are traded in the mid cap segment, in the industrials 
sector.                                                                         

For additional information, please contact:                                     

Alwyn Smit                                                                      
Chairman of the Board                                                           
Ruukki Group Plc                                                                
Telephone +41 7960 19094                                                        
www.ruukkigroup.fi                                                              

This stock exchange release is based on a translation into English of a document
written in Finnish. In case of any discrepancies, inconsistencies or            
inaccuracies, the Finnish version of the release shall prevail.