Rautaruukki - Company Announcement

Composition of Rautaruukki's Nomination Committee

Rautaruukki Corporation Stock exchange release 10 November 2010 at 13.00

The representatives notified by the company's three largest shareholders have
been elected to Rautaruukki's Nomination Committee. The representatives are:
Kari Järvinen, Managing Director, Solidium Oy; Timo Ritakallio, Deputy CEO,
Ilmarinen Mutual Pension Insurance Company; and Risto Murto, Executive Vice-
President, Investments, Varma Mutual Pension Insurance Company. Reino Hanhinen,
Chairman of Rautaruukki's Board of Directors, serves as the Nomination
Committee's expert member.

Rautaruukki's 2010 Annual General Meeting held on 23 March 2010 resolved 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. Under the resolution, the three largest shareholders at 1
November 2010 would elect representatives to the Nomination Committee, with the
chairman of the Board of Directors as an expert member.

Rautaruukki's three largest shareholders at 1 November 2010 were Solidium Oy,
Ilmarinen Mutual Pension Insurance Company and Varma Mutual Pension Insurance
Company.

The Nomination Committee is to prepare by 1 February 2011 its proposals for
Rautaruukki's next Annual General Meeting, which will take place on 23 March
2011.



For further information, please contact:

Reino Hanhinen, Chairman of 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 11,800 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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