Ruukki Group Sells Finnish House Building Business

07:00 London, 09:00 Helsinki, 2 March 2011 - Ruukki Group Plc, Stock Exchange
Release

RUUKKI GROUP COMPLETES THE SALE OF FINNISH HOUSE BUILDING BUSINESS

Ruukki Group Plc ("Ruukki" or the "Company") (LSE: RKKI, OMX: RUG1V) is pleased
to announce it has completed the sale of its Finnish house building business,
Pohjolan Design-Talo Oy, to funds managed by CapMan. The consideration paid in
cash at the closing is EUR 75.4 million. The final price will be confirmed
according to the balance sheet as of the closing date. All the conditions of the
agreement have been fulfilled, including the approval of the Finnish Competition
Authority, to complete the transaction.

RUUKKI GROUP PLC
Danko Koncar
Acting Managing Director


For additional information, please contact:

Ruukki Group Plc
Markus Kivimäki, Head of Corporate Affairs, [phone],
[e-mail]
Thomas Hoyer, CFO, [phone], [e-mail]

Investec Bank Plc
Stephen Cooper, [phone], [e-mail]

RBC Capital Markets
Martin Eales, [phone], [e-mail]
Peter Barrett-Lennard, [phone], [e-mail]


Ruukki Group is a natural resources company with a mining and minerals business
in southern Europe and South Africa. The Company is listed on NASDAQ OMX
Helsinki (RUG1V) and the Main Market of the London Stock Exchange (RKKI).
www.ruukkigroup.fi






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Source: Ruukki Group Plc via Thomson Reuters ONE

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