Ruukki Group Oyj - Major shareholder announcements

ANNOUNCEMENT PURSUANT TO CHAPTER 2, SECTION 10 OF THE SECURITIES MARKET ACT

Ruukki Group Plc has today received an announcement pursuant to Securities      
Market Act regarding a change in shareholding.                                  

Nordea Bank AB (publ) (Swedish registration number 516406-0120) announces that  
its Finnish subsidiary Nordea Pankki Suomi Plc (business ID 1680235-8) has      
purchased 2,848,000 Ruukki Group shares today November 22 2007, as a consequence
of which its ownership has exceeded one fourth (1/4). Nordea Pankki Suomi Plc
now holds 74.133.044 Ruukki Group Plc shares, that is 25.56 % of the share
capital and voting rights of Ruukki Group Plc.
                                              
Nordea Pankki Suomi Plc has entered into Ruukki Group share forward contracts of
which 271,991 expires in December 2007, 493,257 in January 2008 and 30,000 in   
June 2008. As the December 2007 forward contracts expire, the ownership of      
Nordea Pankki Suomi Plc will fall below one fifth (1/5), and as the January
forward contracts expire, below one twentieth (1/20) of the share capital and
voting rights of Ruukki Group Plc. 

Nordea Pankki Suomi Plc has purchased Ruukki Group shares as a part of its      
liquidity providing services.                                                   

Ruukki Group Plc's registered number of shares is 290,034,022 shares and share  
capital is EUR 23,642,049.60.                                                   

RUUKKI GROUP OYJ                                                                


Matti Vikkula                                                                   
Chief Executive Officer                                                         

Ruukki Group focuses on wood-based industrial business operations. Currently the
group operations are located mainly in Finland, but in future the targeted      
emphasis is principally in Russia. Ruukki Group Plc's share is listed on        
Helsinki Stock Exchange. In the OMX Nordic Exchange the shares of the company   
are traded in the mid cap sector, in the industrials segment.                   

For further information, please contact:                                        

Matti Vikkula                                                                   
Chief Executive Officer                                                         
Ruukki Group Plc                                                                
Telephone +358 45 6700 606                                                      
www.ruukkigroup.fi