RUUKKI GROUP ENTERS INTO NEW STANDBY LOAN FACIL...

10:00 London, 12:00 Helsinki, 20 December 2011 - Ruukki Group Plc, Stock Exchange Release RUUKKI GROUP ENTERS INTO NEW STANDBY LOAN FACILITY AGREEMENT WITH KERMAS Ruukki Group Plc ("Ruukki" or the "Company") (LSE: RKKI, OMX: RUG1V) wishes to announce it has entered into a new US$55 million standby loan facility agreement with Kermas Ltd ("Kermas"), which replaces the current facility for the same amount that is restricted to working capital purposes only and expires on 31 December 2011. The new standby facility is less restrictive and will provide Ruukki with additional financing options, over and above its current cash reserves, as it pursues its growth strategy to increase its ore resources and expand production. Due to its 29% shareholding, Kermas is a Related Party (as defined by the Listing Rules) of the Company.  In accordance with the Listing Rules, the facility has been entered into on normal commercial terms on an unsecured basis and therefore no prior shareholder approval is required. This loan facility is available until 31 December 2014 and the loan term will be from the first draw-down until 31 December 2015. RUUKKI GROUP PLC Thomas Hoyer CEO For additional information, please contact: Ruukki Group Plc Thomas Hoyer, CEO, +358 (0)10 440 7000,thomas.hoyer@ruukkigroup.com Markus Kivimäki, General Manager, Corporate Affairs and Company Secretary, +358 (0)50 3495 687,markus.kivimaki@ruukkigroup.com 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 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 This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Ruukki Group via Thomson Reuters ONE [HUG#1572631]
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