Rautaruukki - Company Announcement

RAUTARUUKKI RECEIVED AUTHORITY APPROVAL FOR PURCHASE OF SCANBRIDGE

Rautaruukki Oyj       Stock Exchange Release      16 March 2007 at 10.00 

RAUTARUUKKI RECEIVED AUTHORITY APPROVAL FOR PURCHASE OF SCANBRIDGE

Rautaruukki Corporation has received the approval of the competition
authorities for the purchase of Scanbridge AS. The transaction will be closed
on 2 April, 2007. 

Scanbridge is the leading supplier of load-bearing steel bridge structures in
Scandinavia and specialises in total deliveries for large steel bridges.
Scanbridge also manufactures components for the offshore industry. 
  
“The acquisition complements Ruukki's expertise and competitiveness in
infrastructure construction, especially in the manufacture and installation of
large bridge structures. We will now be better equipped to serve our growing
customer base with comprehensive deliveries for bridges,” says Saku Sipola,
President, Ruukki Construction. 


Further information:
Saku Sipola, President, Ruukki Construction, tel. +358 20 592 8979


Rautaruukki Corporation

Taina Kyllönen
VP, Corporate Communications


Rautaruukki supplies metal-based components, systems and integrated systems to
the construction and mechanical engineering industries. The company has a wide
selection of metal products and services. Rautaruukki has operations in 23
countries and employs 13,000 people. Net sales in 2006 totalled EUR 3.7
billion. The company's share is quoted on the Helsinki Exchanges (Rautaruukki
Oyj: RTRKS). The Corporation has used the marketing name Ruukki since 2004. 

www.ruukki.com

DISTRIBUTION:
Helsinki Exchanges
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www.ruukki.com