Ruukki Group Oyj - Changes board/management/auditors

RUUKKI REORGANIZES THE BOARD AND THE MANAGEMENT TEAM - PLANS RESTRUCTURING

07:00 London, 09:00 Helsinki, 15 January 2013 - Ruukki Group Plc, Stock Exchange
Release

RUUKKI REORGANIZES THE BOARD AND THE MANAGEMENT TEAM - PLANS RESTRUCTURING

Ruukki  Group Plc ("Ruukki" or the  "Company") (LSE: RKKI, OMX: RUG1V) announces
that  the  Company's  management  will  be  reorganised to be more appropriately
aligned  to  the  size  of  the  Company's current operations and the prevailing
market  conditions. The Company  will also undertake  a review of  its cost base
with  a view to  identifying other restructuring  opportunities including larger
structural  and organisational developments. One of  the available options is to
centralise  more  of  the  current  head  office  and  support  functions to one
location.  Ruukki will  communicate possible  progress in  these matters  in due
course.

As part of the restructuring both the Company's board of directors and executive
management   team   will   be  materially  downsized.  Ruukki  will  convene  an
Extraordinary  General Meeting to resolve on the new board of directors in which
the  following  members  of  the  current  board  of  directors will leave their
positions:  Dr. Chris Pointon, Mr. Paul Everard, Mr. Barry Rourke and Mr. Thomas
Hoyer.  Ruukki will publish the invitation  to the Extraordinary General Meeting
separately.

The  Executive Management of  Ruukki will be  reorganised as follows: Mr. Thomas
Hoyer,  CEO; Mr.  Markus Kivimäki,  General Manager:  Corporate Affairs; and Mr.
Kalle  Lehtonen, General  Manager: Finance  will leave  their positions. All the
resigning  executives will remain with the Company for a period of not less than
three  months to  ensure a  smooth handover  of responsibilities. Mr. Hoyer will
continue  as CEO until the Extraordinary General Meeting has elected a new board
of  directors. The new  CEO is anticipated  to be appointed  by the new board of
directors shortly after the Extraordinary General Meeting.


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


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#1670297]