RESOLUTIONS OF RUUKKI GROUP'S ANNUAL GENERAL ME...

14:30 London, 16:30 Helsinki, 11 May 2011 - Ruukki Group Plc, Stock Exchange
Release

RESOLUTIONS OF RUUKKI GROUP'S ANNUAL GENERAL MEETING

Ruukki Group Plc ("Ruukki" or the "Company") (LSE: RKKI, OMX: RUG1V) is pleased
to announce all the resolutions proposed at today's Annual General Meeting ("the
AGM"), as published in the invitation to the meeting on 15 April 2011 and the
amendment to Nomination Committee's proposal on 4 May 2011, were passed.

The AGM adopted the financial statements and the group financial statements and
discharged the members of the Board of Directors and the CEO from liability for
the financial period 2010. The AGM resolved that no dividend is paid for 2010.

The AGM resolved that the Company makes a capital repayment from the paid-up
unrestricted equity reserve to shareholders in such a way that assets to be
distributed total EUR 0.04 per share. The capital repayment shall be paid to the
shareholders who on the record date 16 May 2011 are registered in the
shareholders' register of the Company held by Euroclear Finland Ltd. The date of
payment shall be 23 May 2011.

THE BOARD OF DIRECTORS
As proposed by the Nomination Committee the AGM resolved that there are eight
(8) members on the Board of Directors. Philip Baum, Paul Everard, Markku
Kankaala, Danko Koncar, Jelena Manojlovic, Chris Pointon and Barry Rourke were
re-elected to the Board.

Thomas Hoyer has been appointed as an Executive Director and joins the Board,
effective today. He is also the Chief Executive Officer of the Company as
appointed on 4 May 2011.He was a member of the Company's Board of Directors from
7 October 2008 to 21 April 2010. Save as set out above, there are no matters
which require disclosure under UK Listing Rule 9.6.13.

As proposed by the Nomination Committee the AGM resolved that the Chairman be
paid EUR 7,500 per month and the other non-executive Board members EUR 6,500 per
month. The executive Board members shall not be paid remuneration for their work
on the Board of Directors. In addition, the Audit Committee chairman shall be
paid for his/her work at the committee EUR 1,000 per Audit Committee meeting and
the other members EUR 500 per Audit Committee meeting. For any other committees,
the chairman shall be paid EUR 600 per committee meeting and the other members
shall be paid EUR 300 per committee meeting. In addition to the monetary
remuneration, free shares will be issued to the members of the Board of
Directors as a part of their remuneration package, in accordance with the
authorisation granted to the Board of Directors by the AGM.

THE AUDITOR
The AGM resolved that the Company will pay the fee to the Auditor against an
invoice and that according to the recommendation by the Audit Committee the
Authorised Public Accountant Firm Ernst & Young Oy was re-elected as the Auditor
of the Company. The auditor with the main responsibility will be Authorised
Public Accountant Tomi Englund.

OTHER RESOLUTIONS OF THE ANNUAL GENERAL MEETING

Amendment of the Articles of Association

The AGM resolved that the provision concerning the trade name and the registered
office of the Company (Article 1) be amended in respect of the registered
office. In addition, the AGM resolved that the provision concerning the notice
of the Meeting (Article 8) be amended.

Resolution on option plan

The AGM resolved that as a part of the rewarding and incentive plan the Company
would give, in deviation from the shareholders' pre-emptive right of
subscription, in total a maximum 6,900,000 option rights. The option rights
would entitle the owner to subscribe for new shares or shares that are in the
possession of the Company. The option rights would be given to the key personnel
of the Company and its subsidiaries and to Rekylator Oy, a wholly owned
subsidiary of the Company, for staff incentivisation and retention. The
subscription price of shares with the option rights and the share subscription
period are described in the invitation to the AGM.

Authorising the Board of Directors to decide upon directed free share issue to
the Board members

As proposed by the Nomination Committee the AGM authorised the Board of
Directors to decide to issue a maximum of 460,000 new shares or shares from the
Company's treasury shares, by a directed free issue to the members of the Board
of Directors. Based on the authorisation the shares will be issued free of
charge and will form an essential part of the remuneration package for the Board
of Directors. The authorisation is valid for two (2) years following the AGM.

Authorising the Board of Directors to decide upon share issue and upon issuing
other special rights that entitle to shares

The AGM authorised the Board of Directors to decide on the share issue and on
the issuing of stock options and other special rights that entitle to shares. By
virtue of the authorisation shares could be issued in one or more tranches in
total a maximum of 24,820,700 new shares or shares owned by the Company. This
corresponds approximately to 10% of the Company's currently registered shares.
The Board of Directors may use the authorisation among other things in financing
and enabling corporate and business acquisitions or other arrangements and
investments of business activity or in the incentive and commitment programmes
of the personnel. The Board of Directors is authorised to decide both on share
issue against payment and on share issue without payment. The payment of the
subscription price could also be made with other consideration than money. The
authorisation contains right to issue on a non pre-emptive basis provided that
the conditions set in the Companies' Act are fulfilled. The authorisation
replaces all previous authorisations and is valid for two (2) years following
the AGM.

Authorising the Board of Directors to decide upon acquiring own shares

The AGM authorised the Board of Directors to decide upon acquiring the Company's
own shares. By virtue of the authorisation a maximum of 15,000,000 shares could
be acquired with the funds from the Company's unrestricted shareholders' equity,
however, in such a way that the total number of own shares, which the Company
and its subsidiaries have in their possession or as a pledge, does not exceed
one tenth of all shares in accordance with Section 11 of Chapter 15 of the
Finnish Companies Act. The authorisation covers acquisition of shares in public
trade in NASDAQ OMX Helsinki Oy and also outside of the public trade. The
compensation paid for acquired shares shall be based on the market value. The
authorisation concerning the acquisition of own shares can among other things be
used in developing the Company's capital structure, in financing and executing
corporate acquisitions and other arrangements, in executing the Company's share-
based incentive systems or otherwise in being transferred or cancelled. The
acquisition of shares reduces the Company's distributable non-restricted
shareholders' equity. The authorisation replaces all previous authorisations and
is valid for 18 months following the AGM.

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, +358 (0)50
3495 687,[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 southern Africa. The Company is listed on NASDAQ OMX
Helsinki (RUG1V) and the Main Market of the London Stock Exchange (RKKI).
www.ruukkigroup.fi

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






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Source: Ruukki Group Plc via Thomson Reuters ONE

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