Ruukki Group Oyj - Company Announcement

SHARE SUBSCRIPTIONS UNDER OPTIONS

07:00 London, 09:00 Helsinki, 6 September 2011 - Ruukki Group Plc, Stock
Exchange Release 

SHARE SUBSCRIPTIONS UNDER OPTIONS

Ruukki Group Plc (“Ruukki” or the “Company”) (LSE: RKKI, OMX: RUG1V) announces
that a total of 2,976,213 ordinary shares of no par value (“Ordinary Shares”)
have been subscribed on 5 September 2011 based on option rights held by
Factorwood Ltd (“Factorwood”), a company incorporated and existing under the
laws of British Virgin Islands. According to the terms of the option rights,
the subscription price was EUR 2.18 per share. The subscription will be made
utilising the Company's treasury shares and the subscription price of EUR
6,488,144.34 shall be accounted for in whole in the Company's paid-up
unrestricted equity reserve. 

The option rights were originally issued to Kermas Ltd (“Kermas”) in relation
to an earn-out consideration for the chrome ore and ferrochrome business
acquired from Kermas in 2008. The option rights were approved at the
Extraordinary General Meeting held on 28 October 2008. The profit share
calculation for the earn-out consideration has now been confirmed for the years
2009 and 2010 and Kermas has transferred all the 2009 and 50 per cent of the
2010 option rights to Factorwood with the approval of Ruukki's Board of
Directors on 5 September 2011. 

Following the transfer, the Company has 248,432,000 ordinary shares in issue
and holds 4,814,682 ordinary shares in treasury. 

RUUKKI GROUP PLC
Thomas Hoyer
CEO


For additional information, please contact:

Ruukki Group Plc
Thomas Hoyer, CEO, +358 (0)45 6700 491, thomas.hoyer@ruukkigroup.fi
Markus Kivimäki, General Manager: Corporate Affairs, +358 (0)50 3495 687,
markus.kivimaki@ruukkigroup.fi 

Investec Bank Plc
Stephen Cooper, +44 (0)20 7597 5104, stephen.cooper@investec.co.uk

RBC Capital Markets
Martin Eales, +44 (0)20 7653 4000, martin.eales@rbccm.com
Peter Barrett-Lennard, +44 (0)20 7653 4000, peter.barrett-lennard@rbccm.com


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.fi

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