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

Ruukki Group Plc, Stock Exchange Release, 23 September 2008 at 12:01 p.m.       

Ruukki Group Plc has received an announcement pursuant to Securities Market Act 
chapter 2, section 9 regarding a change in shareholding:                        

According to the announcement of Danske Bank A/S Helsingin Sivukonttori         
(business ID 1078693-2) its ownership will reach over 15 % of the share capital 
and voting rights of Ruukki Group Plc on value date 24 September 2008.          
Furthermore, Danske Bank A/S Helsingin Sivukonttori announces that it has       
entered into derivative agreements, which according to current terms will expire
in October 2008. In case these derivative agreements are exercised, Danske Bank 
A/S Helsingin Sivukonttori's ownership in Ruukki Group Plc will fall below 15 % 
on value date 22 October 2008 at the earliest.                                  

Danske Bank A/S Helsingin Sivukonttori now owns altogether 45,580,000 Ruukki    
Group Plc shares, which corresponds to about 15.72 % of the share capital and   
voting rights of Ruukki Group Plc.                                              

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

RUUKKI GROUP PLC                                                                
                                                                                
Alwyn Smit                                                                      
Chairman of the Board and CEO                                                   
                                                                                
Ruukki Group Plc's shares are 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:                                     
Alwyn Smit                                                                      
Chairman of the Board and CEO
Ruukki Group Plc                                                                
Telephone +358 50 442 1663 / +41 7960 19094                                     
www.ruukkigroup.fi                                            

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