Rautaruukki - Company Announcement

Rautaruukki's Nomination Committee appointed

Rautaruukki Corporation  Stock exchange release 17 November 2008 at 14:00

Rautaruukki's Nomination Committee appointed

Rautaruukki's Annual General Meeting decided on 2 April 2008 to establish a
Nomination Committee to prepare a proposal concerning the composition and
remuneration of the Board of Directors to be elected at the following Annual
General Meeting. The Nomination Committee consists of representatives of the
three largest shareholders as at 3 November 2008, together with the Chairman of
the Board of Directors as an expert member. 

Rautaruukki's three largest shareholders as at 3 November 2008 were the State
of Finland, Ilmarinen Mutual Pension Insurance Company and Mr Esa Rannila,
together with his companies Rumtec Holding Oy and E&K Rannila Oy. 

These shareholders have chosen their representatives on Rautaruukki's
Nomination Committee: Mr Markku Tapio, Senior Financial Counsellor, Prime
Minister's Office, Mr Timo Ritakallio, Deputy Chief Executive Officer,
Ilmarinen Mutual Pension Insurance Company and Mr Esa Rannila, Entrepreneur.
The Chairman of Rautaruukki's Board of Directors, Mr Jukka Viinanen, serves as
the Committee's expert member. 

The Nomination Committee is to prepare by 2 February 2009 its proposal for
Rautaruukki's next Annual General Meeting, which will take place on 24 March
2009. 


For further information, please contact: 
Tiina Bäckman, VP, Legal tel. +358 20 592 9068


Rautaruukki Corporation

Anne Pirilä
SVP, Corporate Communications and Investor Relations


Rautaruukki supplies metal-based components, systems and integrated systems to
the construction and engineering industries. The company has a wide selection
of metal products and services. Rautaruukki has operations in 26 countries and
employs 15,000 people. Net sales in 2007 totalled EUR 3.9 billion. The
company's share is quoted on NASDAQ OMX Helsinki (Rautaruukki Oyj: RTRKS). The
Corporation uses the marketing name Ruukki. www.ruukki.com 
DISTRIBUTION:
NASDAQ OMX Helsinki
Main media
www.ruukki.com