Rautaruukki received authority approval for the purchase of Ventall

Rautaruukki Corporation Stock Exchange Release 18 May 2006 at 9.00 
 
Rautaruukki Corporation has received the approval of competition authorities for
the purchase of OOO Ventall. The transaction is expected to be finalised in June.
 
 
Ventall is the leading steel constructor in Russia, located in Obninsk in the
Kaluga region, some 100 kilometres south of Moscow. The company had 1238
employees at the end of 2005. Ventall had net sales in 2005 of some EUR 70
million and an operating profit of EUR 15.5 million. Net sales for 2006 are
forecast to be some EUR 110 million.
 
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:
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.
 
 
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Helsinki Exchanges
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www.ruukki.com