Ruukki Group Oyj - Annual Financial Report

RUUKKI GROUP PLC'S FINANCIAL STATEMENTS 2009, CORPORATE GOVERNANCE STATEMENT AND ANNUAL SUMMARY

Ruukki Group Plc, Stock Exchange Release, 1 April 2010 at 04:50 a.m.            

RUUKKI GROUP PLC'S FINANCIAL STATEMENTS 2009, CORPORATE GOVERNANCE STATEMENT AND
ANNUAL SUMMARY                                                                  

Ruukki Group Plc's financial statements for financial year 2009 have been       
published in Finnish and in English. At the same time the Company has issued as 
a separate report the corporate governance statement. Furthermore, the Company  
has published an annual summary of releases and news published through the stock
exchange during the financial year 2009. The Company will later publish 2009    
annual report.                                                                  

As compared to the financial statements review published in February 2010 by the
Company, the audited financial statements include the following key changes     
noticed in the audit process and confirmed by the Board to be amended:          

Reclassifications and balance sheet changes                                     

- As opposed to earlier 2009 interim reports and financial statements review,   
Mogale Alloys acquisition related liabilities totalling about ZAR 800 (about EUR
74 million) have been reclassified into interest bearing liabilities. At the    
same instance, also other acquisition-related receivables and liabilities to be 
settled with cash have been classified as interest-bearing;    
- In the beginning of 2009 the Group divested certain Russian subsidiaries, and 
the write-downs caused by this have in the income statement been presented below
EBIT, which has had a EUR 2.1 million positive effect on EBIT;                  
- The effect of the indirect ownership of Ruukki Group in Mogale Alloys         
(totalling 4.9%) has been corrected so that the value of the associated company 
shares has been decreased by about EUR 2.9 million and the minority share has   
been changed accordingly;                                                       
- In the income statement the way of presenting associated companies items has  
been changed for those companies not owned by operating segments, and moreover, 
the gains on emission rights have been reclassified, but these changes did not  
have material effect.                                                           

Other changes having effect on results and balance sheet                        

- There have been changes to the intra-group transactions within Southern       
European minerals business, which has had a EUR 0.5 million impact on income    
taxes and changed the minority share as well;                                   
- The effect of Tervolan Saha ja Höyläämö divestment was incorrectly presented  
in the financial statements review, having a EUR 3.7 impact on results, which   
has been eliminated;                                                            
- Changes have been made in the discounting of the German smelting business     
related provisions and liabilities, which has had a EUR 0.7 million negative    
impact on net profit, and decreased the EBIT by EUR 0.3 million.                

The total combined net effect of the changes and amendments on the financial    
year 2009 income statement and balance sheet as compared to the financial       
statements review has been the following (in EUR million):                      

Revenue                       no change                                       
EBITDA                        +3.0                                              
EBIT                          +3.3	                                             
Profit before tax             +4.4                                              
Net profit                    +4.9                                              

Total assets                  -3.9                                              

Equity                        -0.9                                              
Non-controlling interests     -1.8                                              
Non-current liabilities       +1.0                                              
Current liabilities           -2.3                                              

2009 financial statements, auditors' report, corporate governance statement and 
annual summary of 2009 releases can be found at www.ruukkigroup.fi, and the     
information can be subscribed by email to milka.taipale@ruukkigroup.fi or by    
phone +358 10 440 7000 / Milka Taipale.                                         

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.

Bifogade filer:

ruukki group plc_annual _summary_2009_uk.pdf

auditors report_uk.pdf

corporate governance statement 2009_uk.pdf

rg_plc_financial_statements_2009.pdf