Notice to Rautaruukki Corporation of exemption ...

Rautaruukki Corporation Stock exchange release 21 October 2008 at
17:15

The State of Finland and Solidium Oy have notified Rautaruukki
Corporation of an exemption issued by the Finnish Financial
Supervision Authority (FIN-FSA) on 21 October 2008. The decision
applies to an exemption, pursuant to Chapter 6 of the Securities
Markets Act, granted to Solidium Oy from the obligation to launch a
bid to other shareholders of Rautaruukki Corporation when the number
of Rautaruukki Oyj shares to be transferred to Solidium exceeds three
tenths of the total number of shares issued.


The Finnish government has decided to propose to the Parliament of
Finland that the state's shares in eight non-strategic listed
companies are transferred as a capital contribution to Solidium Oy, a
company wholly owned by the State of Finland. The shares to be
transferred include all the 55,656,699 Rautaruukki Oyj shares, 39.69
per cent of all the shares issued, owned by the state.

For further information, please contact:
Olli Huuskonen, Legal Counsel, 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 14,990 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.

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.