Ruukki Group Oyj - Company Announcement

PROFIT WARNING: RUUKKI GROUP CHANGES ITS FINANCIAL YEAR 2009 EBITDA GUIDANCE, EXPENSES RELATED TO INTENDED LISTING ON LONDON STOCK EXCHANGE DECREASING PROFITABILITY

Ruukki Group Plc, Stock Exchange Release, 21 December 2009 at 9:30 a.m.         

PROFIT WARNING: RUUKKI GROUP CHANGES ITS FINANCIAL YEAR 2009 EBITDA GUIDANCE,   
EXPENSES RELATED TO INTENDED LISTING ON LONDON STOCK EXCHANGE DECREASING        
PROFITABILITY                                                                   

Ruukki Group Plc's Board of Directors has decided to change the financial year  
2009 EBITDA guidance for the Consolidated Group from EUR 10.0 million to EUR 6.5
million.                                                                        

Ruukki Group Plc's Board has, during the fourth quarter, started preparations   
targeting to list the Company's shares on the Main Market of the London Stock   
Exchange during the first half of 2010. It is estimated that the Group will     
recognise a total of EUR 2.0 million of listing expenses during 2009, to main   
extent arising from the financial information related work streams of the       
listing process.                                                                

Moreover, based on the current market circumstances both Minerals and Wood      
Processing segments' EBITDAs are expected to be slightly below their earlier    
guidance with the Wood Processing segment EBITDA expected at close to EUR 7.0   
million and Minerals segment EBITDA being about EUR 9.0 million.                

RUUKKI GROUP PLC                                                                

Alwyn Smit                                                                      
Chief Executive Officer                                                         

Ruukki Group is an industrial group focusing on minerals and wood processing    
businesses. Ruukki Group Plc's shares are listed on NASDAQ OMX Helsinki and     
traded in the mid cap segment, in the industrials sector.                       

For additional information, please contact:                                     

Alwyn Smit                                                                      
Chief Executive Officer                                                         
Ruukki Group Plc                                                                
Telephone +41 7960 19094                                                        
www.ruukkigroup.fi                                                              

This stock exchange release is based on a translation into English of a document
written in Finnish. In case of any discrepancies, inconsistencies or            
inaccuracies, the Finnish version of the release shall prevail.