Ruukki Group Oyj - Company Announcement

KERMAS LIMITED GRANTED EXEMPTION FROM MANDATORY BID REQUIREMENT IN RELATION TO RUUKKI GROUP PLC SHARES

Ruukki Group Plc, Stock Exchange Release, 26 November 2009 at 1:15 p.m.        

KERMAS LIMITED GRANTED EXEMPTION FROM MANDATORY BID REQUIREMENT IN RELATION TO  
RUUKKI GROUP PLC SHARES                                                         

Based on the information received from Kermas Limited, Finnish Financial        
Supervisory Authority (“FIN-FSA”) has granted Kermas Limited an exemption, based
on the Securities Market Act, chapter 6 section 15, from the mandatory bid      
requirement in relation to Ruukki Group Plc (“Ruukki”) shares, based on the     
following conditions:                                                           

- Kermas Limited does not use any voting power in any future shareholders'      
meetings to the extent that would be more than three seventh (3/7) of the net   
amount of Ruukki shares outstanding (excluding treasury shares) minus shares    
held by Kermas Limited; and                                                     
- Kermas Limited does not acquire more Ruukki Group Plc shares or otherwise     
increase its voting rights in Ruukki; and                                     
- Kermas Limited commits to decrease its stake below 30%.                       

This exemption is valid until 14 December 2009 by when Kermas Limited has to    
decrease its stake below 30% or alternatively publish a bid for all the         
remaining Ruukki Group shares.                          

RUUKKI GROUP PLC                                                                

Alwyn Smit                                                                      
Chief Executive Officer                                                         

Ruukki Group is an industrial group focusing on minerals and wood processing    
businesses. Ruukki Group Plc's shares are listed on NASDAQ OMX Helsinki and     
traded in the mid cap segment, in the industrials sector.                       

For additional information, please contact:                                     

Alwyn Smit                                                                      
Chief Executive Officer                                                         
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.