Rautaruukki - Decisions of general meeting

Resolutions of Rautaruukki Corporation's Annual General Meeting and Board of Directors

Rautaruukki Corporation Stock exchange release 23 March 2010 at 16.45

Rautaruukki Corporation's Annual General Meeting held today approved the payment
of a dividend for 2009 of EUR 0.45 per share in accordance with the Board of
Directors' proposal.

A total of 916 shareholders were represented at the Annual General Meeting.

Resolutions of the Annual General Meeting:

Adoption of the annual accounts
The Annual General Meeting approved the parent company's annual accounts and
consolidated annual accounts for 2009.

Discharge from liability
The Annual General Meeting discharged the members of the Board of Directors,
Supervisory Board, and the President & CEO from liability.

Disposal of profit
A dividend of EUR 0.45 per share is to be paid (total dividend payout of EUR
62,488,732.50). The dividend will be paid on 8 April 2010 to shareholders
registered at the record date for dividend payout, 26 March 2010, in the
company's shareholder register kept by Euroclear Finland Ltd. In addition, the
Annual General Meeting decided to grant the Board of Directors the authority to
donate a sum of no more than EUR 900,000 from the distributable capital of the
company to support the activities of colleges and universities.

Board of Directors
It was confirmed that the number of members of the Board of Directors is seven
(7). Reino Hanhinen MSc (Eng), DSc (Tech) hc; President & CEO Maarit
Aarni-Sirviö MSc (Tech), MBA; Chairperson of the Board Liisa Leino MSc
(Nutrition) and Hannu Ryöppönen BA (Bus Admin) were re-elected to the Board.
President & CEO Pertti Korhonen MSc (Electronics Engineering); President & CEO
Matti Lievonen BSc (Eng) and Managing Director Jaana Tuominen MSc (Eng) were
elected to the Board as new members. Reino Hanhinen was appointed as chairman of
the Board of Directors and Hannu Ryöppönen as deputy chairman.

Fees of the Board of Directors
The annual fees of the Board of Directors are to remain unchanged.The Annual
General Meeting approved the payment of an annual fee of EUR 67,200 to the
chairman of the Board of Directors, EUR 42,000 to the deputy chairman and EUR
32,400 to other members of the Board together with an attendance fee of EUR 600
for meetings, including Board of Directors' committee meetings. Of the annual
fee, 40 per cent is to be paid in the form of Rautaruukki Oyj shares purchased
from the market. The shares will be purchased within two weeks of the
publication of the company's interim report for the first quarter of 2010.

Supervisory Board
It was confirmed that the Supervisory Board is to have five (5) members.Marjo
Matikainen-Kallström MP and Inkeri Kerola MP were re-elected as chairperson and
deputy chairperson of the Supervisory Board respectively. Turo Bergman LicSocSc,
Jouko Skinnari MP and Tapani Tölli MP were re-elected to the Supervisory Board.

Fees of the Supervisory Board
No fees are payable to members of the Supervisory Board because the Annual
General Meeting decided that the company's Supervisory Board is to be abolished.
The term of office of the elected Supervisory Board ends when the decision on
the abolition of the Supervisory Board has been entered in the Trade Register.

Auditor
KHT audit firm KPMG Oy Ab was re-appointed as the company's auditor. The auditor
will be paid a fee against invoice approved by the company.

Authority to acquire the company's own shares
In accordance with the Board of Directors' proposal, the Annual General Meeting
granted the Board of Directors the authority to acquire a maximum of 12,000,000
of the company's own shares. The authority is valid until the following Annual
General Meeting.

Abolition of the Supervisory Board and amendments to the Articles of Association
accordingly
The Annual General Meeting decided that the company's Supervisory Board be
abolished and that the Articles of Association be amended accordingly.

Amendment of the Articles of Association
In accordance with the Board of Directors' proposal, the Annual General Meeting
resolved to amend Article 11 of the company's Articles of Association so that
notice of the General Meeting must be given no later than three weeks before the
Meeting and at least nine days before the General Meeting record date as
referred to in the Finnish Limited Liability Companies Act.

Establishment of a Nomination Committee
The Annual General Meeting decided to establish a Nomination Committee to
prepare proposals for the following Annual General Meeting regarding the
composition of the Board of Directors and directors' fees.

The minutes of the Annual General Meeting are available for the inspection of
shareholders at the company's head office and may also be viewed on the
company's website at www.ruukki.com by 6 April 2010. The proposals made to the
Annual General Meeting may be viewed in their entirety on the company's website.



Resolutions of Rautaruukki Corporation's Board of Directors
At its organisation meeting held after the Annual General Meeting, the Board of
Directors appointed Hannu Ryöppönen as chairman and Liisa Leino, Matti Lievonen
and Jaana Tuominen as members of the Audit Committee.

In addition, the Board of Directors appointed Reino Hanhinen as chairman and
Maarit Aarni-Sirviö and Pertti Korhonen as members of the Remuneration
Committee.

All directors are independent of both the company and the company's major
shareholders.



For further information, please contact:
Sakari Tamminen, President & CEO, tel. +358 20 592 9075
Tiina Bäckman, Secretary to the Board of Directors, tel.+358 20 592 9068



Rautaruukki Corporation

Anne Pirilä
SVP, 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 27 countries and
employs 11,700 people. Net sales in 2009 totalled EUR 2.0 billion. The company's
share is quoted on NASDAQ OMX Helsinki (Rautaruukki Oyj: RTRKS). The Corporation
uses the marketing name Ruukki.



DISTRIBUTION:
NASDAQ OMX Helsinki
Main media
www.ruukki.com







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