Rautaruukki - Company Announcement

Rautaruukki to improve operational efficiency of Ruukki Construction in Central Eastern Europe

Rautaruukki Oyj	   Stock Exchange Release	7 October 2008 at 15.00

Rautaruukki to improve operational efficiency of Ruukki Construction in Central
Eastern Europe 

Rautaruukki's Ruukki Construction division is to improve production efficiency
and optimise production capacity and logistics in the Central Eastern European
region. These actions are part of Rautaruukki's new corporate-wide operational
excellence programme, Boost. 

In the Czech Republic, the smaller profiling unit at Ostrava will be closed and
the machinery will be gradually relocated to Ruukki's bigger plants in Hungary,
Poland and Romania by the end of the first quarter of 2009. Employer-employee
negotiations at the Ostrava unit will start soonest and affect 81 people. The
Ostrava unit has been located in rented premises since 2002. In future, roofing
and cladding profiles for the Czech and Slovak markets will be delivered from
Hungary and Poland. 

In Poland, a profitability programme has been launched at the Oborniki steel
frame and sandwich panel plant. The 9-month programme will enhance processes
and aims at a significant improvement in the plant's earnings performance.
Detailed actions will be specified as the programme progresses. 

These actions are being taken with the aim of an annual improvement in Ruukki
Construction's operating profit of more than EUR 3 million starting in 2009. 


For further information, please contact: Saku Sipola, President, Ruukki
Construction, tel: +358 20 59 28979 

Rautaruukki Corporation
Anne Pirilä
SVP, Corporate Communications and Investor Relations


Rautaruukki supplies metal-based components, systems and integrated systems to
the construction and engineering industries. The company has a wide selection
of metal products and services. Rautaruukki has operations in 25 countries and
employs 14,990 people. Net sales in 2007 totalled EUR 3.9 billion. The
company's share is quoted on the OMX Nordic Exchange Helsinki (Rautaruukki Oyj:
RTRKS). The Corporation uses the marketing name Ruukki. 

www.ruukki.com

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OMX Nordic Exchange Helsinki
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www.ruukki.com