Rautaruukki to acquire Lithuanian steel frame c...

Stock Exchange release 10 December 2008 at 16.30

Rautaruukki Corporation has signed an agreement to acquire the entire
share capital of the Lithuanian steel constructor Gensina from its
private owners. Gensina is active within the production and assembly
of steel frames. The company's customers are international and local
investors and construction firms in Lithuania. Established in 1997,
Gensina has some 82 employees and its net sales in 2007 were some EUR
9 million euros.


"With its strong market presence in Lithuania, the company we are
acquiring will strengthen Ruukki's foothold in the Baltic
construction market. The transaction will not only further Ruukki's
frame and envelope project business both in Lithuania and the other
two Baltic states, but also strengthen Ruukki's manufacturing network
serving the Baltic states," says Saku Sipola, President of Ruukki
Construction."

The parties have agreed not to disclose the transaction price.
Subject to the approval of the regulatory authorities, the
transaction is expected to be finalised by the end of 2008.

For further information, please contact: Guntis Duks, Baltic Sales
Director, Ruukki Construction, tel: [phone],
[e-mail]


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 15,000 people. Net sales in
2007 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.


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.