Rautaruukki's Nomination Committee appointed

Rautaruukki Corporation Stock exchange release 17 November 2008 at
14:00

Rautaruukki's Annual General Meeting decided on 2 April 2008 to
establish a Nomination Committee to prepare a proposal concerning the
composition and remuneration of the Board of Directors to be elected
at the following Annual General Meeting. The Nomination Committee
consists of representatives of the three largest shareholders as at 3
November 2008, together with the Chairman of the Board of Directors
as an expert member.


Rautaruukki's three largest shareholders as at 3 November 2008 were
the State of Finland, Ilmarinen Mutual Pension Insurance Company and
Mr Esa Rannila, together with his companies Rumtec Holding Oy and E&K
Rannila Oy.

These shareholders have chosen their representatives on Rautaruukki's
Nomination Committee: Mr Markku Tapio, Senior Financial Counsellor,
Prime Minister's Office, Mr Timo Ritakallio, Deputy Chief Executive
Officer, Ilmarinen Mutual Pension Insurance Company and Mr Esa
Rannila, Entrepreneur. The Chairman of Rautaruukki's Board of
Directors, Mr Jukka Viinanen, serves as the Committee's expert
member.

The Nomination Committee is to prepare by 2 February 2009 its
proposal for Rautaruukki's next Annual General Meeting, which will
take place on 24 March 2009.


For further information, please contact:
Tiina Bäckman, VP, Legal 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


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