Ruukki Group Oyj - Company Announcement

RUUKKI GROUP INVESTS IN SOUTH AFRICA

07:00 London, 09:00 Helsinki, 1 July 2013 - Ruukki Group Plc ("Ruukki" or "the
Company") (LSE: RKKI, OMX: RUG1V), Stock Exchange Release

RUUKKI GROUP INVESTS IN SOUTH AFRICA

Ruukki  Group Plc ("Ruukki" or the "Company") (LSE: RKKI, OMX: RUG1V) is pleased
to  announce that the  Company's subsidiary Mogale  Alloys (Pty) Ltd has entered
into  a contract  with Asenza  CC and  the technology  supplier UHT Uvån Hagfors
Teknologi  AB  in  relation  to  the  installation  of  ferroalloy  refining and
granulation  equipment. The equipment complements Mogale's current four furnaces
producing low phosphor ferrochrome and low phosphor silicomanganese.

Once  the  installations  are  complete,  a  significant  part  of  the  current
ferrochrome production can be converted to granulated medium carbon ferrochrome.
This  is in line with  the Company's goal to  provide niche products into mature
markets to increase profitability and optimise shareholder value.

The  final capital estimate  for the project  is approximately 170 million South
African  Rand  including  management  costs  and  contingencies.  The Company is
considering  a number  of available  options to  finance the  project but  it is
expected  that it will be financed through a combination of internally generated
funds  and loan capital  obtained from financial  institutions. The project will
commence  during July  2013 and it  is anticipated  that the first production of
specialty  alloys  will  commence  during  Q3 2014. Current production levels at
Mogale Alloys (Pty) Ltd will be maintained during the implementation phase.


RUUKKI GROUP PLC
Danko Koncar
CEO


For additional information, please contact:

Ruukki Group Plc
Danko Koncar, CEO, +44 (0)20 7376 1175, danko.koncar@ruukkigroup.com

Investec Bank Plc
Neil Elliot, +44 (0)20 7597 5970, neil.elliot@investec.co.uk
George Price, +44 (0)20 7597 5970, george.price@investec.co.uk

Ruukki Group is a chrome mining and minerals producer focused on delivering
sustainable growth with a speciality alloys business in southern Europe and a
ferro alloys business in southern Africa. The Company is listed on NASDAQ OMX
Helsinki (RUG1V) and the Main Market of the London Stock Exchange (RKKI).
www.ruukkigroup.com

Distribution:
NASDAQ OMX Helsinki
London Stock Exchange
main media
www.ruukkigroup.com

[HUG#1713038]