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Eastern European Markets
NEWS RELEASE
February 4, 2007

Ruukki extends its construction production in Ukraine

Ruukki strengthens its position as local producer and supplier of metal based construction materials and solutions in Ukraine. Company’s EUR 15 million investment plan was announced in September 2006.

The new plant will be located about 20 km west from Kiev. The 13 000 m2 factory will produce roofing, load-bearing and cladding profiles and sandwich-elements, serving the growing commercial and industrial construction market in Ukraine. Increasing local production of roofing profiles also strengthens Ruukki’s leading position as residential roofing supplier in the country.

The construction works of the plant will begin during spring 2007, and production starts in spring 2008. The new plant will employ about 130 skilled metal workers and other professionals.

Ruukki currently has three production units in Ukraine: construction production facilities in Kiev and in Dnepropetrovsk, and a colour coated coils plant in Antrazit, acquired in 2006. The new plant will operate in close cooperation with the Antrazit production as well as with the steel structure manufacturer Ventall, which Ruukki recently acquired in Russia.

About Neste Oil
Rautaruukki supplies metal-based components, systems and integrated systems to the construction and mechanical engineering industries. The company has a wide selection of metal products and services. Rautaruukki has operations in 23 countries and employs 13,000 people. Net sales in 2005 totalled EUR 3.7 billion. The company's share is quoted on the Helsinki Exchanges (Rautaruukki Oyj: RTRKS). The Corporation has used the marketing name Ruukki since 2004. www.ruukki.com

Further information:
Ruukki Construction
Saku Sipola, President, Ruukki Construction
tel. +358 20 592 8979
Rautaruukki Oyj
Taina Kyllönen, Vice President, Corporate Communications

www.ruukki.com


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