Impact on personnel will become clear after Rau...

Rautaruukki Corporation Stock exchange release 4 December 2008 at
13:15

Owing to inaccurate public information appearing today, Rautaruukki
refers to its stock exchange release dated 1 December 2008: In the
context of adjustment and efficiency measures, the company is to
start employer-employee negotiations about possible lay-offs,
redundancies and part-time working in different market areas. All
impacts on the personnel will become clear after these
employer-employee negotiations have ended. Negotiation proposals have
been given and a start will be made next week on negotiations in the
various units.


Ruukki Production has about 4,000 workers in Finland that, in
accordance with the employer-employee negotiation scheme, come within
these negotiations.


For further information, please contact: Sakari Tamminen, President &
CEO, tel. [phone]



For further information, please contact:
Sakari Tamminen, President & CEO, tel. [phone]
Mikko Hietanen, CFO, tel.[phone]

Rautaruukki Corporation

Anne Pirilä
SVP, Corporate Communications and Investor Relations



Rautaruukki supplies metal-based components, systems and integrated
systems 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
NASDAQ OMX Helsinki (Rautaruukki Oyj: RTRKS). The Corporation uses
the marketing name Ruukki. www.ruukki.com


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.