Afarak Group

Major Shareholding Notification • Apr 1, 2011

News Details

UK Regulatory | 1 April 2011 08:00

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

Ruukki Group Plc / Holding(s) in Company*

01.04.2011 08:00

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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

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Language: English
Company: Ruukki Group Plc

                FI

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

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