Ruukki Group Oyj - Company Announcement

PROPOSAL FOR THE MEMBERS OF RUUKKI GROUP'S BOARD OF DIRECTORS

Ruukki Group Plc, Stock Exchange Release, 28 March at 8:55 am.                  
Certain Ruukki Group Plc's shareholders have informed that they will propose to 
the Annual General Meeting convening on 31 March 2008 that the number of members
in the Board of Directors is seven (7). According to the proposal Markku        
Kankaala, Matti Lainema, Timo Poranen and Ahti Vilppula are to be re-elected and
Danko Koncar, Konstantin Ryzhkov and Alwyn Smit are to be elected as new Board  
members. The proposed candidates have given their consents to the election.     

RUUKKI GROUP PLC                                                                

Matti Vikkula                                                                   
Chief Executive Officer                                                         

Ruukki Group's strategic aim is to concentrate on wood processing within the    
Northern coniferous wood zone. Group business operations will be focused on     
mechanical wood processing, and furthermore on pulp business. Ruukki Group Plc's
share is listed on OMX Nordic Exchange Helsinki in which the shares of the      
Company are traded in the mid cap segment, in the industrials sector.           

For additional information, please contact:                                     

Matti Vikkula                                                                   
Chief Executive Officer                                                         
Ruukki Group Plc                                                                
Tel. + 358 45 6700 606                                                          
www.ruukkigroup.fi                                                              

This stock exchange release is based on translation into English of a document  
written in Finnish. In case there would be any potential discrepancies,         
inconsistencies or inaccuracies, the Finnish version of the release shall       
prevail.