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) refers to       
announcement that was made on November 22 2007. Nordea Bank AB (publ) announced 
then that as forward contracts expire in December, the ownership of its Finnish 
subsidiary Nordea Pankki Suomi Plc (business ID 1680235-8) will fall below 1/5  
of the share capital and voting rights of Ruukki Group Plc.                     

Nordea Bank AB (publ) announces hereby that forward contracts that were due in  
December have been rolled forward to longer maturities. Consequently the        
ownership has not fallen below 1/5 but is over 1/4.                             

Nordea Pankki Suomi Plc holds 75,883,960 Ruukki Group Plc's shares, that is     
26.16 % of the share capital and voting rights of Ruukki Group Plc. Nordea      
Pankki Suomi Plc also has 8,365 share option rights. One option right gives a   
right to purchase 100 Ruukki Group Plc's shares at a certain strike price by    
February 15 2008. These rights have not been included in this announcement.     

Moreover, Nordea Bank AB (publ) holds 9,624 Ruukki Group Plc shares i.e. 0.003% 
of the share capital and voting rights of Ruukki Group Plc.                     

Total holdings of Nordea group in Ruukki Group Plc are 26.17% (75,893,584       
shares).                          

Nordea Pankki Suomi Plc has entered into Ruukki Group share forward contracts of
which 518,507 (51,850,700 shares) expire in January 2008, 214,531 (21,452,100   
shares) in March 2008 and 30,000 (3,000,000 shares) in June 2008. As the January
2008 forward contracts expire, the ownership of Nordea Pankki Suomi Plc will    
fall below 1/10, and as the March forward contracts expire, below 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 23,638,649.60.                                                   

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 is listed on the Helsinki   
Stock Exchange. The company's share is quoted on the OMX Nordic Exchange under  
the Mid Cap segment in the Industrials sector.                                  

For further information, please contact:                                        

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