2008-01-21 13:12:39 CET

2008-01-21 13:12:54 CET


Finnish English
Ruukki Group Oyj - Major shareholder announcements


Ruukki Group Plc has today received an announcement pursuant to Securities      
Market Act regarding a change in shareholding.                                  

Nordea Bank AB (publ) (Swedish registration number 516406-0120) refers to       
announcement that was made on December 28 2007. Nordea Bank AB (publ) announced 
then that as forward contracts expire in January 2008, the ownership of its     
Finnish subsidiary Nordea Pankki Suomi Plc (business ID 1680235-8) will fall    
below 1/10 of the share capital and voting rights of Ruukki Group Plc.          

Nordea Bank AB (publ) announces hereby that forward contracts that were due in  
January have been rolled forward to longer maturities. Consequently the         
ownership has not fallen below 1/10 but is over 1/4.                            

Nordea Pankki Suomi Plc holds 80,583,246 Ruukki Group Plc's shares; that is     
27.78 % of the share capital and voting rights of Ruukki Group Plc.             

Nordea Pankki Suomi Plc also has 8,365 call options on Ruukki Group Plc shares. 
Each of these options gives a right to purchase 100 Ruukki Group Plc's shares at
a certain strike price by 15 February 2008. If the call options were exercised  
(altogether 836,500 shares), these potential transactions would not break any   
flagging limits based on current amount of shares outstanding.                  

Nordea Pankki Suomi Plc has entered into Ruukki Group share forward contracts.  
The following numbers do not include the aforementioned call options. 25,250    
(2,525,000 shares) of the forward contracts will expire in February 2008,       
465,155 (46,515,500 shares) in March 2008, 30,000 (3,000,000 shares) in June    
2008 and 289,196 (28,919,600 shares) in January 2009. As the March 2008 forward 
contracts expire, the ownership of Nordea Pankki Suomi Plc will fall below 3/20,
and as the June forward contracts expire, below 1/10 and as the January 2009    
forward contracts expire, below 1/20 of the share capital and voting rights of  
Ruukki Group Plc.                                                               

Nordea Pankki Suomi Plc has purchased Ruukki Group shares as a part of its      
liquidity providing services.                                                   

Ruukki Group Plc's registered number of shares is 290,034,022 shares and share  
capital is EUR 23,638,649.60.                                                   

RUUKKI GROUP OYJ                                                                

Matti Vikkula                                                                   
Chief Executive Officer                                                         

Ruukki Group focuses on wood-based industrial business operations. Currently the
group operations are located mainly in Finland, but in future the targeted      
emphasis is principally in Russia. Ruukki Group Plc is listed on the Helsinki   
Stock Exchange. The company's share is quoted on the OMX Nordic Exchange under  
the Mid Cap segment in the Industrials sector.                                  
For further information, please contact:                                        

Matti Vikkula                                                                   
Chief Executive Officer                                                         
Ruukki Group Plc                                                                
Telephone +358 45 6700 606