Afarak Group

Major Shareholding Notification • Apr 1, 2011

Ruukki Group Oyj / Holding(s) in Company*

01.04.2011 08:00

Dissemination of a UK Regulatory Announcement, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------------

07:00 London, 09:00 Helsinki, 01 April 2011 - Ruukki Group Plc, Stock Exchange Release

HOLDINGS IN COMPANY (FLAGGING NOTIFICATION IN ACCORDANCE WITH CHAPTER 2, SECTION 10 OF THE FINNISH SECURITIES MARKET ACT)

Ruukki Group Plc ('Ruukki') (LSE: RKKI, OMX: RUG1V) has on 31 March 2011 received a flagging notification in accordance with Chapter 2, Section 9 of the Finnish Securities Market Act from Finaline Business Limited ('Finaline'), a company incorporated and existing under the laws of British Virgin Islands, regarding the shares of Ruukki.

According to the notification, Finaline Business Limited has signed a share transfer agreement with Hanwa Co. Ltd ('Hanwa') concerning a sale and transfer of 27,000,000 shares in Ruukki Group Plc. After the completion, the transaction will result in Finaline Business Limited increasing above 10 per cent and becoming a 10.88 per cent holder of the shares and voting rights in Ruukki. Pursuant to the share transfer agreement, the transaction shall be completed on 28 December 2011 at the latest but all or part of the transaction shares may be transferred prior to that date.

1. Name of the target company Ruukki Group Plc.

2. Basis for the flagging obligation Finaline Business Limited has signed a share transfer agreement with Hanwa Co. Ltd concerning a sale and transfer of 27,000,000 shares in Ruukki Group Plc. After the completion, the transaction will result in Finaline Business Limited increasing above 10 percent.

3. Date when the holdings will change At the latest 28 December 2011.

4. Once the transaction is completed, the holding of Finaline Business Limited in Ruukki will be the following:

Shares and voting rights attached to them

Number of shares % of shares Number of voting rights % of voting rights 27,000,000 10.88 27,000,000 10.88

1. Name and address of the shareholder Finaline Business Limited 90 Main Street Road Town British Virgin Islands

RUUKKI GROUP PLC Markus Kivimaeki Head of Corporate Affairs

For additional information, please contact:

Ruukki Group Plc Markus Kivimaeki, Head of Corporate Affairs, +358 50 3495 687, markus.kivimaki@ruukkigroup.fi Thomas Hoyer, CFO, +358 45 6700 491, thomas.hoyer@ruukkigroup.fi Investec Bank Plc Stephen Cooper, +44 (0)20 7597 5104, stephen.cooper@investec.co.uk RBC Capital Markets Martin Eales, +44 (0)20 7653 4000, martin.eales@rbccm.com Peter Barrett-Lennard, +44 (0)20 7653 4000, peter.barrett-lennard@rbccm.com Ruukki Group is a natural resources company with a mining and minerals business in southern Europe and southern Africa. The Company is listed on NASDAQ OMX Helsinki (RUG1V) and the Main Market of the London Stock Exchange (RKKI). www.ruukkigroup.fi News Source: NASDAQ OMX 01.04.2011 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Ruukki Group Oyj Finland Phone: Fax: E-mail: Internet: ISIN: FI0009800098 Category Code: HOL LSE Ticker: RKKI Sequence Number: 764 Time of Receipt: Apr 01, 2011 08:00:00 End of Announcement DGAP News-Service ---------------------------------------------------------------------------