Rautaruukki Corporation’s Board of Directors has confirmed appointments to the Rautaruukki Group’s Management Group and to the division steering groups as from 1 January 2004. The members of the Rautaruukki Group Management Group as from 1 January 2004 are the Group’s President and CEO Sakari Tamminen, chairman; Matti Arteva, President of the Metal Products Division; Olavi Huhtala, President of the Metal Fabrication Solutions Division; Markku Koljonen, President of the Mechanical Engineering Solutions Division; Lauri Rautala, President of the Construction Solutions Division; Heikki Rusila, President of the Production Division, (Deputy to the President) and Mikko Hietanen, CFO. In addition to the Corporate Management Group, an extended management group is being formed, to provide active support for corporate
development. The extended management group comprises the members of the Management Group and Seppo Sahlman, Senior Vice President, Financing and Administration, Peter Sandvik, Senior Vice President, Research and Development, Jarmo Tonteri, Senior Vice President, Scandinavia, Ismo Platan, CIO, Salla Sundström, Vice President, Human Resources Development and Taina Kyllönen, Vice President, Corporate Image, Marketing and Investor Communications. A Vice President, Corporate Planning, will be appointed at a later date.