Ruukki Group Oyj - Company Announcement

CEO INCENTIVE SCHEME

On 8 June 2007 Ruukki Group Plc announced that three million shares shall       
potentially be directed to CEO Matti Vikkula at the final subscription price of 
the June 2007 share issue. Moreover, it was announced that based on the CEO     
position of Matti Vikkula, alternatively another similar incentive scheme could 
be agreed upon.                                                                 

The incentive scheme referred above has been agreed to be carried out as        
follows:                                                                        
                                                                                
Inter-Marathon Oy, limited liability company fully owned by the CEO, gave a     
subscription commitment for a total of three million shares in the June 2007    
share issue. Due to excess demand of shares, Inter-Marathon Oy was allocated    
1,973,315 Ruukki Group Plc shares in that share issue. The total subscription   
price for these shares was somewhat over EUR 4.5 million.  
                     
Of these shares detailed above, Inter-Marathon Oy will transfer a total of      
600,000 shares to CEO Matti Vikkula. Ruukki Group Plc will finance the purchase 
of these shares by granting Matti Vikkula a loan of one million three hundred   
eighty thousand (1,380,000) euros within the limits of the total distributable  
funds of the company. Furthermore, CEO Vikkula will be entitled to a monetary   
bonus that will be tied, based on various steps, to the value development of one
million Ruukki Group shares up until 2011.   
                                   
After the measures detailed above have been finalised CEO Vikkula owns directly 
or through the company owned by him a total of 3,016,400 Ruukki Group Plc       
shares, which corresponds to about 1.04 % of the total registered number of     
shares of the company.                                                          

RUUKKI GROUP PLC                                                                

BOARD OF DIRECTORS                                                              

Ruukki Group Plc focuses on the products and services of the wood processing    
industry. The planned focus of investments is in Russia. Ruukki Group Plc's  
share is listed on Helsinki Stock Exchange. In the OMX Nordic Exchange the      
shares of the company are traded in the so-called mid cap sector, in the        
industrials segment.                                                            


For further information, please contact:                                        

Matti Lainema                                                                   
Chairman of the Board                                                           
Ruukki Group Plc                                                                
Telephone +358 44 044 9666                                                      
www.ruukkigroup.fi