Ruukki Group Oyj - Company Announcement

RUUKKI GROUP'S SUBSIDIARY LAPPIPANELI OY CONCLUDED THE SALE OF ITS SAWMILLING BUSINESS

Ruukki Group Plc, Stock Exchange Release, 4 November 2009 at 09:10 a.m.         

RUUKKI GROUP'S SUBSIDIARY LAPPIPANELI OY CONCLUDED THE SALE OF ITS SAWMILLING   
BUSINESS                                                                        

Ruukki Group's subsidiary Lappipaneli Oy has concluded the sale of its          
sawmilling assets to Pölkky Oy, Pölkky Metsä Kmo Oy and Kitkawood Oy in         
accordance with the preliminary agreement announced on 26 October 2009. The     
effective date for the transfer of fixed assets will be 31 December 2009 and 30 
October 2009 for all the other assets.                                          

The consideration for Lappipaneli's gross assets totals EUR 14.6 million. The   
consideration will be paid in instalments, to major extent during the fourth    
quarter of 2009 and the first quarter of 2010.        

As part of the transaction, Lappipaneli Oy has given buyers warranties in       
relation to potential environmental liabilities, and has also recognised a      
provision of about EUR 0.2 million to cover potential future environmental      
analysis expenses.                                                              

Ruukki Group recognises a gain on disposal of approximately EUR 2.0 million for 
this transaction.                                                               

RUUKKI GROUP PLC                                                                

Alwyn Smit                                                                      
Chief Executive Officer                                                         

Ruukki Group is an industrial group focusing 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:                                     

Thomas Hoyer                                                                    
Telephone +358 45 670 0491                                                      

Kalle Lehtonen                                                                  
Telephone +358 400 539 968                                                      

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.