Rautaruukki's acquisition of steel frame constr...

Rautaruukki Corporation Stock exchange release 27 February 2009 at 15.00 Rautaruukki has acquired the entire share capital of the Norwegian steel frame company Skalles Eiendomsselskap AS from its private owners. The acquisition was completed today 27 February 2009. The acquisition strengthens Ruukki's market position in the Nordic countries and particularly in Norwegian steel construction. Skalles' business complements Ruukki's customer base and product offering. Skalles total deliveries include the design, manufacture and installation of steel structures. The company has some 50 employees and its net sales for 2008 were approximately EUR 16 million. Skalles is located in Fredrikstad, to the south of Oslo. For further information, please contact: Jouni Metsämäki, Senior Vice President, Northern and Eastern Europe, Ruukki Construction, +358 20 592 9114 Hans Erik Pedersen, Marketing Manager, Norway, Ruukki Norge AS, +47 908 32 041 Rautaruukki Corporation Anne Pirilä SVP, Corporate Communications and Investor Relations Rautaruukki supplies metal-based components, systems and integrated systems to the construction and engineering industries. The company has a wide selection of metal products and services. Rautaruukki has operations in 26 countries and employs 14,300 people. Net sales in 2008 totalled EUR 3.9 billion. The company's share is quoted on Nasdaq OMX Helsinki (Rautaruukki Oyj: RTRKS). The Corporation uses the marketing name Ruukki. www.ruukki.com DISTRIBUTION: NASDAQ OMX Helsinki Main media www.ruukki.com This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
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