Ruukki Group Oyj - Major shareholder announcements

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

Ruukki Group Plc, Stock Exchange Release, 8 July 2008 at 12:45 p.m.             

Ruukki Group Plc has received an announcement pursuant to Securities Market Act 
chapter 2, section 9 regarding a change in shareholding.                        

Nordea Bank AB (publ) (Swedish registration number 516406-0120) refers to its   
announcement on 1 July 2008 related to a change in ownership. In that           
announcement it was informed that when forward contract agreements expire on 4  
July 2008 Nordea Bank Finland Plc's (business ID 1680235-8) and the Nordea      
Group's holdings in Ruukki Group Plc will exceed one fifth (1/5).               

Nordea Bank AB (publ) announces that the above mentioned forward contract       
agreements have expired as previously announced.                                

As the forward contracts expired, Nordea Bank Finland Plc now holds 64,626,862  
Ruukki Group Plc shares i.e. Nordea Bank Finland Plc's ownership of Ruukki Group
Plc's share capital and voting rights has exceeded one fifth (1/5) being 22.38  
%.                                                                              

Nordea Bank AB (publ) holds 700 Ruukki Group Plc shares i.e. 0.0002 % of the    
share capital and voting rights of Ruukki Group Plc.                            

The total ownership of Nordea Group in Ruukki Group Plc is 64,627,562 Ruukki    
Group Plc shares. As a result, Nordea Group's total ownership has exceeded one  
fifth (1/5) as previously announced being 22.38 % of the share capital and      
voting rights of Ruukki Group Plc.                                              

In addition, Nordea Bank Finland Plc has made forward contract agreements       
regarding Ruukki Group Plc. Altogether 42,000 sold forward contracts (4,200,000 
shares) will expire in July 2008, 2,000 bought forward contracts (200,000       
shares) will expire in September 2008, 87,742 sold forward contracts (8,774,200 
shares) will expire in December 2008 and 518,493 sold forward contracts         
(51,849,300 shares) in January 2009. As the December 2008 forward contracts     
expire the ownership of Nordea Bank Finland Plc and Nordea Group will fall below
one fifth (1/5) and in January 2009 fall below one twentieth (1/20).            

Nordea Bank Finland Plc has purchased Ruukki Group shares as a part of its      
market making operations.                                                       

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 Plc's share is 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:                                     

Matti Vikkula                                                                   
Chief Executive Officer                                                         
Ruukki Group Plc                                                                
Tel. + 358 10 440 7002                                                          
www.ruukkigroup.fi                                                              
This stock exchange release is based on translation into English of a document  
written in Finnish. In case there would be any potential discrepancies,         
inconsistencies or inaccuracies, the Finnish version of the release shall       
prevail.