PAYMENT OF SHARE BASED INCENTIVE COMPENSATION

07:00 London, 09:00 Helsinki, 7 December 2012 - Ruukki Group Plc, Stock Exchange Release

PAYMENT OF SHARE BASED INCENTIVE COMPENSATION

The Board of Ruukki Group Plc ("Ruukki" or the "Company") (LSE: RKKI, OMX: RUG1V) announces that it has confirmed the amount of share based incentive bonus  the Executive Management Team ("EMT") will receive for the year 2011.

As previously disclosed, the EMT remuneration package is a combination of a base salary, annual bonus and long-term share based incentives. The annual bonus plan entitles executives to receive between 0% to 140% (CEO: 0 % to 200%) of their annual base salary, which is paid 75 % in cash and 25 % in shares. The bonus targets are based on Ruukki's overall financial and operational results as well as on each executive's individual performance. For 2011, the annual bonus KPIs were based on EBITDA, production volumes and key health, safety and environment related parameters.

The Board of Directors has resolved to grant a total of 117,245 ordinary shares in the Company to the members of the EMT as their share based incentive bonus for the year 2011. The shares are issued under the authorization given by the Company's Annual General Meeting in May 2012 and form a part of the Company's incentive programme for senior management.

Under the terms of the directed free share issue scheme, the shares are offered free of charge and in derogation of the pre-emptive subscription right of shareholders. The shares are subject to restrictions on transferability and pledge-ability until 24 months from the allotment date, after which the shares can be transferred and used as a pledge.

Details of the share grant and resultant shareholdings are set out below:

Director / Senior Manager	Shares Granted	Resultant Holding	Percentage of issued share capital
Dr Danko Koncar*	19,672	19,672	0.008
Mr Thomas Hoyer	41,592	93,675	0.038
Dr Alistair Ruiters	18,211	418,211	0.168
Mr Markus Kivimäki	12,590	12,590	0.005
Mr Kalle Lehtonen	12,590	12,590	0.005
Mr Stefano Bonati	12,590	12,590	0.005

*Dr Koncar's interested parties hold a total of 70,766,500 ordinary shares in the Company which is 28.49 % of the total issued number of shares.


RUUKKI GROUP PLC
Thomas Hoyer
CEO


For additional information, please contact:

Ruukki Group Plc
Thomas Hoyer, CEO, [phone], [e-mail]
Markus Kivimäki, General Manager: Corporate Affairs, [phone], [e-mail]

Investec Bank Plc
Neil Elliot, [phone], [e-mail]
George Price, [phone], [e-mail]

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


Ruukki Group is a chrome mining and minerals producer focused on delivering sustainable growth with a speciality alloys business in southern Europe and a ferro alloys business in southern Africa. The Company is listed on NASDAQ OMX Helsinki (RUG1V) and the Main Market of the London Stock Exchange (RKKI).
www.ruukkigroup.com

Distribution:
NASDAQ OMX Helsinki
London Stock Exchange
main media
www.ruukkigroup.com

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Source: Ruukki Group via Thomson Reuters ONE

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