Ruukki Group Oyj - Major shareholder announcements

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

Based on subscription commitments submitted in the share issue, Ruukki Group    
Plc's board of directed decided on 21 June 2007 to implement the offering and   
made the related decisions on share allocations. This decision might not yet    
been received by all investors, and moreover, the final share subscriptions are 
not yet made. However, when taking into account 130,000,000 new shares to be    
issued through this offering and when also taking into account up to 19,500,000 
new over-allotment shares, and based on information from the shareholders as to 
their holdings of Ruukki Group shares, Ruukki Group Plc hereby announces the    
following changes in shareholding, which might change somewhat after the        
subscriptions have been finalised. The company has not yet received the flagging
notices of the below-mentioned shareholders.                                    

Due to the share issue, the combined shareholding by Procomex S.A. (registration
number R.C.Luxembourg B 57.877) and Helsingin Mekaanikontalo Ltd (business ID   
number 1076761-9) in Ruukki Group Plc will fall below one fourth (1/4), and be  
about 20,01 %.                                                                 

Oy Herttakakkonen Ab (business ID 0761602-7) will own 19,35 % of Ruukki Group   
Plc's shares, in other words less than one fifth (1/5) of all shares and votes, 
after the share issue.                                                          

Nordea Bank AB's (publ) (Swedish registration number 516406-0120) Finnish       
subsidiary Nordea Pankki Suomi Oyj's (business ID number 1680238-8) ownership in
Ruukki Group Plc will fall below one tenth (1/10) being then approximately 9,44 
%.                                                                              

Due to the share issue, shareholding by Markku Kankaala will fall below one     
twentieth (1/20), and be about 3,26 %.                                         

Ruukki Group Plc's registered number of shares at the moment is 140,234,022 and 
share capital is 23,642,049.60 euros.                                           

RUUKKI GROUP PLC                                                                

Antti Kivimaa                                                                   
Chief Executive Officer                                                         
Tel. +358 400 501780