Ruukki Group Oyj - Major shareholder announcements

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

Ruukki Group Plc, Stock Exchange Announcement, 20 May 2008 at 10:30 a.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 April 2008 related to a change in ownership. In that          
announcement it was informed that when forward agreements expire in May 2008    
Nordea Bank Finland Plc's (business ID 1680235-8), the Finnish subsidiary of    
Nordea Bank AB (publ), holdings in Ruukki Group Plc will fall below one fifth   
(1/5).                                                                          

As the forward agreements have expired, Nordea Bank Finland Plc now holds       
48,813,000 Ruukki Group Plc shares; as previously announced its ownership has   
fallen below 1/5 and is 16.83 % of the share capital and voting rights of Ruukki
Group Plc.                                                                      

Nordea Bank Finland Plc has sold forward contracts of which 198,900 (19,890,000 
shares) will expire in June 2008 and 289,196 (28,919,600 shares) will expire in 
January 2009. As the June 2008 forward contracts expire, the ownership of Nordea
Bank Finland Plc will fall below 1/10 and as the January 2009 forward contracts 
expire, below 1/20 of the share capital and voting rights of Ruukki Group Plc.  

Nordea Bank Finland 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 23,642,049.60.                                                   

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.                                                                         
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.