Rautaruukki has completed the acquisition of Ventall

Rautaruukki Corporation has completed the acquisition of the company OOO Ventall.
Ventall designs and supplies steel frame structures and sandwich elements used in
wall and roofing structures for the Russian market. The price for the shares is
EUR 97.5 million. The agreement includes a possible supplement to the price, a
maximum of EUR 27.5 million that depends on the financial performance in 2006 and
will be paid only if profitability improves significantly from the 2005 level. As
part of the transaction Rautaruukki will take over the company's interest-bearing
debts of EUR 3 million. OOO Ventall will be consolidated in Rautaruukki's
reporting from 30 June, 2006.

Ventall is the leading steel constructor in Russia, located in Obninsk in the
Kaluga region, some 100 kilometres south of Moscow. Through the purchase of
Ventall, Ruukki will obtain market share in the strongly growing construction
market in Russia. Ruukki's goal is to be one of the leading suppliers of metal-
based construction solutions in the Nordic countries, central eastern Europe,
Russia and Ukraine.


Further information:
Mikko Hietanen, CFO, tel. +358 20 592 9030
Mr. Saku Sipola, President, Ruukki Construction, tel. +358 20 592 8979


Rautaruukki Corporation

Taina Kyllönen
VP, Corporate Communications


Ruukki 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. Ruukki has operations in 23 countries
and employs 12,000 people. Net sales in 2005 totalled EUR 3.7 billion. The
company's share is quoted on the Helsinki Exchanges (Rautaruukki Corporation:
RTRKS). The Corporation has used the marketing name Ruukki since 2004.



DISTRIBUTION
Helsinki Exchanges
Principal Media
www.ruukki.com