Rautaruukki - Company Announcement

STEEL STRUCTURES WORTH EUR 10 MILLION FROM RAUTARUUKKI FOR RUSSIAN SHOPPING CENTRE

Rautaruukki Oyj	Stock Exchange release        21 August 2008 at 9.50

STEEL STRUCTURES WORTH EUR 10 MILLION FROM RAUTARUUKKI FOR RUSSIAN SHOPPING
CENTRE 

Rautaruukki is supplying the steel structures for the enlargement of Victor and
Co's Megacomplex shopping and entertainment centre in Samara, Volga region in
Russia. The order, which includes Ruukki's steel frames, walls and roofs, is
worth about EUR 10 million. 

The original single-storey shopping and entertainment centre is being
reconstructed with extra floors. Enlargement consists of five sections of
complex shape, 40,000 square metres altogether - the size of eight football
fields. The steel structures will be supplied by Ruukki's Obninsk plant and
continue until September 2008. 

- Shopping and entertainment centres are always extremely challenging. In this
project we are able to demonstrate our expertise in demanding construction
projects by using the latest developments in building design and architecture,
says Sergey Chernishev, Ruukki's Sales Director for Eastern Europe. 

- Ruukki is our reliable partner. We have been working together for about seven
years. During this time, Ruukki's steel structures have been used in the
construction of the Victoria water park and Castorama and Cosmoport
supermarkets in Samara, says Viktor Syrkov, Director of Victor and Co. 

Ruukki is one of the leading steel structure suppliers in Russia. The company
has a steel service centre in St Petersburg and another one under construction
in Obninsk, as well as sales offices in Moscow, St Petersburg and in a number
of growth centres in Russia. Ruukki employs around 2,100 people in Russia. 



For further information, please contact:
Sergey Chernishev, Sales Director, Eastern Europe, Ruukki Construction Tel. +7
812 346 6969 



Rautaruukki Corporation

Anne Pirilä 
SVP, Corporate 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 25 countries and
employs 14,990 people. Net sales in 2007 totalled EUR 3.9 billion. The
company's share is quoted on the OMX Nordic Exchange Helsinki (Rautaruukki Oyj:
RTRKS). The Corporation uses the marketing name Ruukki. 

www.ruukki.com


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www.ruukki.com