SSAB has announced that SSAB's share exchange offer to Rautaruukki's shareholders has been accepted by shareholders representing more than 90 percent of Rautaruukki's shares

This stock exchange release may not be published or distributed, in whole or in part, directly or indirectly, in the United States of America, Australia, Canada, Hong Kong, Japan, New Zealand, South Africa or any other country where such publication or distribution would violate applicable laws or rules or would require additional documents to be completed or registered or require any measure to be undertaken, in addition to the requirements under Finnish and Swedish law. For further information, please see "Important notice" in this stock exchange release.

Rautaruukki Corporation Stock exchange release 22 July 2014 6.50pm EEST

SSAB has announced that SSAB's share exchange offer to Rautaruukki's shareholders has been accepted by shareholders representing more than 90 percent of Rautaruukki's shares

The offer period for the share exchange offer by SSAB AB (publ) ("SSAB") to the shareholders of Rautaruukki Corporation ("Rautaruukki") expired at 3:00 p.m. CET on July 22, 2014. Based on the preliminary information SSAB has received from the arranger of the share exchange offer, the share exchange offer has been approved by Rautaruukki's shareholders representing approximately 94.8 percent of Rautaruukki's shares. This preliminary information remains subject to confirmation by the arranger of the share exchange offer.

This information is published by SSAB pursuant to the requirements of the Finnish Securities Market Act and the Swedish Securities Market Act.

For further information, please contact:
Taina Kyllönen, SVP, Marketing and Communications, tel. [phone]
Timo Pirskanen, SVP, Investor relations, tel. [phone]

Taina Kyllönen
SVP, Marketing and Communications

Ruukki specialises in steel and steel construction. We provide customers with energy-efficient steel solutions for better living, working and moving. We have around 8,600 employees and an extensive distribution and dealer network across some 30 countries including the Nordic countries, Russia and elsewhere in Europe and the emerging markets, such as India, China and South America. Net sales in 2013 totalled €2.4 billion. The company's share is quoted on NASDAQ OMX Helsinki (Rautaruukki Oyj: RTRKS). www.ruukki.com

DISTRIBUTION:
NASDAQ OMX Helsinki
Main media
www.ruukki.com

Important notice

This release may not be released or otherwise distributed, in whole or in part, in or into the United States of America, Australia, Canada, Hong Kong, Japan, New Zealand, South Africa or any other jurisdiction where prohibited by applicable laws or rules. This release is not a share exchange offer document or a prospectus and as such does not constitute an offer or invitation to make a sales offer. Investors shall accept the share exchange offer for the shares only on the basis of the information provided in the share exchange offer document and prospectus in respect of the share exchange offer. Offers will not be made directly or indirectly in any jurisdiction where either an offer or participation therein is prohibited by applicable law or where any exchange offer document or registration or other requirements would apply in addition to those undertaken in Finland and Sweden.