Ruukki Group Oyj - Major shareholder announcements

ANNOUNCEMENT PURSUANT TO CHAPTER 2, SECTION 10 OF THE SECURITIES MARKET ACT

Ruukki Group Plc, Stock Exchange Release, 24 November 2008 at 3:20 p.m.         

ANNOUNCEMENT PURSUANT TO CHAPTER 2, SECTION 10 OF THE SECURITIES MARKET ACT     

Ruukki Group Plc has today received an announcement pursuant to Securities      
Market Act chapter 2, section 9 regarding a change in shareholding:             

Danske Bank A/S Helsingin Sivukonttori's (business ID 1078693-2) ownership of   
the share capital and voting rights of Ruukki Group Plc will fall below 5 %     
(1/20) flagging threshold due to share transaction carried out on 21 November   
2008.                                                                           

Danske Bank A/S Helsingin Sivukonttori will own on value date 26 November 2008  
altogether 13,694,000 Ruukki Group Plc shares, which corresponds to about 4.72 %
of the share capital and voting rights of Ruukki Group Plc.                     

Ruukki Group Plc's registered number of shares is 290,034,022 and share capital 
is EUR 23,642,049.60. The number of treasury shares held by Ruukki Group Plc on
21 Nov 2008 was 8,600,000 shares. 

RUUKKI GROUP PLC                                                                
Alwyn Smit                                                                      
Chairman of the Board and CEO                                                   
Ruukki Group specialises in industrial refining of certain natural resources.   
The Group has two focus areas: Wood Processing and Minerals. Ruukki Group Plc's 
shares are listed on Nasdaq OMX Helsinki in which the shares of the Company are 
traded in the mid cap segment, in the industrials sector                     

For additional information, please contact:                                     

Alwyn Smit                                                                      
Chairman of the Board and CEO          
Ruukki Group Plc                                                                
Telephone +358 50 442 1663 / +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.