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2009-12-21 15:15:00 CET 2009-12-21 15:15:02 CET REGULATED INFORMATION Ruukki Group Oyj - Company AnnouncementRAUTARUUKKI HAS INITIATED DISPUTE AGAINST RUUKKI GROUPRuukki Group Plc, Stock Exchange Release, 21 December 2009 at 4:15 p.m. RAUTARUUKKI HAS INITIATED DISPUTE AGAINST RUUKKI GROUP Ruukki Group Plc has received information from the release of Rautaruukki Corporation, that Rautaruukki Corporation has initiated legal proceedings against Ruukki Group Plc. According to Rautaruukki Corporation, it has taken legal action in Helsinki District Court against Ruukki Group Plc and its subsidiaries owing to increases in the registration of certain company names and owing to business activities. According to Rautaruukki Corporation, it has initiated legal proceedings also in certain different countries where Rautaruukki Corporation claims to have earlier rights to Ruukki name. Ruukki Group Plc has not yet been formally served with the application for a summons. Ruukki Group Plc considers the actions taken by Rautaruukki Corporation groundless; it is clear that Ruukki Group Plc has the legal right to use the name Ruukki, which Rautaruukki Corporation is now trying to prohibit by acting in bad faith. Ruukki Group Plc will give its response to the relevant courts in due course. 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. |
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