Frame delivery for football stadium in St Peter...

Rautaruukki Corporation Stock Exchange Release 30 January 2009 at
11.40

Materialisation of the approximately EUR 100 million contract, signed
by Rautaruukki in February 2008, to deliver steel structures for the
new Zenit football stadium in St Petersburg, Russia has turned out to
be uncertain.


For reasons beyond Ruukki's control, the project start has been
postponed several times. The main contractor of the project has
changed and the new contractor is re-tendering the frame delivery.

Ruukki had not started making the steel structures for the Zenit
project and has thus not incurred costs as a result of the project.

Ruukki is negotiating about the delivery, but there is currently no
certainty that the project will continue as far as Ruukki is
concerned.


Ruukki announced the matter in a stock exchange bulletin dated 22
February 2008.

For further information, please contact: Saku Sipola, President,
Ruukki Construction, tel. [phone]


Rautaruukki Corporation

Anne Pirilä
SVP, Corporate Communications and Investor Relations


Rautaruukki supplies metal-based components, systems and total
solutions to the construction and engineering industries. The company
has a wide selection of metal products and services. Rautaruukki has
operations in 26 countries and employs 15,000 people. Net sales in
2007 totalled EUR 3.9 billion. The company's share is quoted on OMX
Nordic Exchange Helsinki (Rautaruukki Oyj: RTRKS). The Corporation
uses the marketing name Ruukki.


DISTRIBUTION:
NASDAQ OMX Helsinki
Main media
www.ruukki.com


This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.