Ruukki Group Oyj - Major shareholder announcements

HOLDINGS IN COMPANY (FLAGGING NOTIFICATION IN ACCORDANCE WITH CHAPTER 2, SECTION 10 OF THE FINNISH SECURITIES MARKET ACT)

16:30 London, 18:30 Helsinki, 23 December 2011 - Ruukki Group Plc, Stock
Exchange Release

HOLDINGS IN COMPANY (FLAGGING NOTIFICATION IN ACCORDANCE WITH CHAPTER 2, SECTION
10 OF THE FINNISH SECURITIES MARKET ACT)

Ruukki Group Plc ("Ruukki") (LSE: RKKI, OMX: RUG1V) has on 23 December 2011
received a flagging notification in accordance with Chapter 2, Section 9 of the
Finnish Securities Market Act from Hanwa Co. Ltd ("Hanwa"), a company
incorporated and existing under the laws of Japan with its principal office at
Hanwa Bldg., 4-3-9 Fushimi-machi. Chuo-ku. Osaka 541-8585 Japan, regarding the
shares of Ruukki.

In accordance with Company's flagging notification on 31 March 2011, Hanwa has
completed a share transfer agreement with Finaline Business Limited concerning a
sale and transfer of 27,000,000 shares in Ruukki Group Plc. As a result of the
transaction, Hanwa has fallen below the 10 and 5 per cent thresholds and become
a 1.21 per cent holder of the shares and voting rights in Ruukki.

1. Name of the target company
Ruukki Group Plc.

2. Basis for the flagging obligation
In accordance with the flagging notification on 31 March 2011, Hanwa has
completed the share transfer agreement with Finaline Business Limited concerning
a sale and transfer of 27,000,000 shares in Ruukki Group Plc. As a result of the
transaction, Hanwa has fallen below the 10 and 5 per cent thresholds of the
shares and voting rights.

3. Date when the holdings will change
23 December 2011.

4. As a result of the transaction, the holding of Hanwa Co. Ltd in Ruukki is the
following:

Shares and voting rights attached to them

Number of shares % of shares Number of voting rights % of voting rights

3,000,000        1.21        3,000,000               1.21


5. Name and address of the shareholder
Hanwa Co. Limited
4-3-9 Fushimi-machi. Chuo-ku. Osaka 541-8585 Japan

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 and Company Secretary, +358
(0)50 3495 687,markus.kivimaki@ruukkigroup.com

Investec Bank Plc
Stephen Cooper, +44 (0)20 7597 5104,stephen.cooper@investec.co.uk

RBC Capital Markets
Martin Eales, +44 (0)20 7653 4000,martin.eales@rbccm.com
Peter Barrett-Lennard, +44 (0)20 7653 4000,peter.barrett-lennard@rbccm.com

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




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