ANNOUNCEMENT PURSUANT TO CHAPTER 2, SECTION 10 OF THE SECURITIES MARKET ACT


Ruukki Group Plc, Stock Exchange Release, 20 March 2008 at 5:00 pm.             

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

According to the announcement of Oy Herttakakkonen Ab (business ID 0761602-7)   
its ownership falls below one fifth (1/5) of the share capital and voting rights
of Ruukki Group Plc based on share transactions carried out on 20 March 2008.   

Oy Herttakakkonen Ab has the following ownership after the 20 March 2008        
transactions:                                                                   
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|                              |           number |       proportion of voting |
|                              |                  |                     rights |
--------------------------------------------------------------------------------
|                              |                  |          and share capital |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Shares                       |       27 439 827 |                     9.46 % |
--------------------------------------------------------------------------------
| Forward contracts            |       24 051 100 |                     8.29 % |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Total                        |       51 490 927 |                    17.75 % |
--------------------------------------------------------------------------------

5,115,000 of forward contracts will expire on 20 March 2009 and 18,936,000 on 16
May 2008.                                                                       
                                                                                
In addition, Oy Herttaässä Ab owns 4,635,410 Ruukki Group Plc shares which      
represent 1.6 % of the share capital and voting rights of Ruukki Group Plc. The 
combined ownership of Oy Herttakakkonen Ab and Oy Herttaässä Ab of Ruukki       
Group's share capital and voting rights is 19.35 %.                             

Ruukki Group Plc's registered number of shares is 290,034,022 and share capital 
is EUR 23,642,049.60.                                                           

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 sector, in the industrials segment.           
                                                                                

For further information, please contact:                                        

Matti Vikkula                                                                   
Chief Executive Officer                                                         
Ruukki Group Plc                                                                
Telephone +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.