2007-03-29 12:45:06 CEST

2007-03-29 12:45:06 CEST


REGULATED INFORMATION

Finnish English
Ruukki Group Oyj - Company Announcement

RUUKKI GROUP: ADDITIONAL INFORMATION ON TERVOLAN SAHA JA HÖYLÄÄMÖ ACQUISITION


The estimated total purchase price of Tervolan Saha ja
Höyläämö acquisition is EUR 8.1 million, of which EUR 6.3
million has been paid in cash by Ruukki Group during 2006.
In addition, there are earn-out based elements that depend
on the future profitability of the acquired company. This
earn-out portion of the total purchase price has been
estimated.

Tervolan Saha ja Höyläämö Ltd's revenue for the period
1.2.2006 - 31.12.2006 (11 months) totalled EUR 10.5 million.
Its subsidiary VK Timber Ltd recognised EUR 2.8 million
revenue for the period 13.10.2005 - 31.12.2006 (roughly 14
months). Both units recorded good profitability in financial
year 2006. VK Timber Ltd has been a subsidiary of Tervolan
Saha ja Höyläämö Ltd from 1.10.2006 onwards, and Tervolan
Saha has been consolidated into Ruukki Group from October as
well. Ruukki Group owns approximately 91.4 % of Tervolan
Saha ja Höyläämö's shares.

RUUKKI GROUP PLC

Antti Kivimaa
Chief Executive Officer

Ruukki Group is a multi-sector industrial group having
mainly majority ownership interests in various small and
medium-sized companies in e.g. house building, sawmilling
business, furniture business and care services. Ruukki Group
share (RUG1V) is listed on OMX Nordic Exchange's so-called
small cap category.

For further information, please contact:

Antti Kivimaa
Chief Executive Officer
Ruukki Group Plc
Telephone +358 400 501 780
www.ruukkigroup.fi