Transfer of Rautaruukki Corporation's treasury ...

Rautaruukki Corporation Stock exchange release 18 March 2009 at 16.15

Rautaruukki's Board of Directors has decided to transfer 48,052
treasury shares according to the terms and conditions of the Share
Ownership Plan 2008-2010 to the 77 employees belonging to the target
group for the first earning period 2008.


In December 2007, Rautaruukki Corporation's Board of Directors
decided on a new share ownership plan for key personnel. The plan
seeks to align the objectives of shareholders and key personnel to
increase shareholder value, to commit key personnel to the company
and to provide a competitive award scheme based on ownership. The
plan includes three earning periods, which are the calendar years
2008, 2009 and 2010. Payment of a reward is contingent on achieving
the financial targets set, which for the earning period 2008 are
measured by the criteria of earnings per share (EPS) and return on
capital employed (ROCE). The maximum reward payable is the gross
salary for the calendar month preceding payment x 12.5 divided by the
average share price.

Shares earned under the plan cannot be transferred or otherwise
assigned during two years after each earning period. If the service
or employment of a key person ends during this time, the person is
obliged to return the shares paid as a reward to the company.
The President & CEO and other members of the Corporate Management
Board must, in addition to the two-year restriction period, hold any
shares received under the plan to at least the value of their gross
annual salary for as long as their service contract continues.

For further information, please contact:
Tiina Bäckman, Vice President, Legal, tel. [phone]

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.


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.