Ruukki Group Oyj - Company Announcement

RUUKKI GROUP WILL DIVEST ITS SHARES IN TERVOLAN SAHA JA HÖYLÄÄMÖ OY

Ruukki Group Plc, Stock Exchange Release, 20 November 2009 at 11:15 a.m.        
RUUKKI GROUP WILL DIVEST ITS SHARES IN TERVOLAN SAHA JA HÖYLÄÄMÖ OY             

Ruukki Group's subsidiary Ruukki Yhtiöt Oy has today entered into an agreement  
to sell its 91.42% stake in Tervolan Saha ja Höyläämö Oy (“TSH”) to TSH as part 
of TSH's directed acquisition of TSH's own shares, which was decided today. TSH 
subgroup has two sawmill units in Finland, one in Tervola and one in Kittilä,   
with consolidated revenue of about EUR 10.7 million in 2008.                    

The effective date for the transfer of the shares to TSH will be 31 December    
2009. In conjunction with the deal, the call option agreement with TSH minority 
shareholders will be dissolved.                                                 

The consideration for the shares totals approximately EUR 4.1 million, and it   
will be paid in cash in December. TSH also distributes a dividend of about EUR  
3.7 million to Ruukki Yhtiöt Oy. The transaction will not significantly impact  
the Group income statement.                                                     

The divestment is part of the refocusing of the Group's Wood Processing business
(“Ruukki Wood”) as announced earlier this quarter in conjunction with the sale  
of Lappipaneli Oy's assets.                                                     

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:                                     
Thomas Hoyer                                                                    
Chief Executive Officer                                                         
Ruukki Yhtiöt Oy                                                                
Telephone +358 45 670 0491                                                      
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.