YIT has signed a contract on the renovation of the K2 city block with Senate Properties
INVESTOR NEWS FEB. 8, 2008 at 08.10
KIM GRAN PROPOSED FOR YIT CORPORATION'S BOARD OF DIRECTORS
YIT Corporation shareholders representing more than 20% of the company's shares and votes will propose to YIT's Annual General Meeting, which will be held on March 13, 2008, that the following persons be elected to the Board of Directors: as Chairman Reino Hanhinen, M.Sc. (Eng.), as Vice Chairman Eino Halonen, M.Sc. (Econ.), and as members, Kim Gran, President and CEO, Antti Herlin, Chairman of Board of Directors, and Teuvo Salminen, Deputy CEO. All the nominees have given their consent.
With the exception of Kim Gran, the nominees are currently members of YIT's Board of Directors.
Kim Gran, M.Sc. (Econ.) (53) has acted as President and CEO of Nokian Tyres plc since 2000. Prior to that he has served as Vice President of Nokian Tyres 1995-2000 and in UK as Managing Director of Pechiney Cebal 1992-1995 and as Plant Director of Cebal-Printal 1988-1995.
The presentation of persons proposed for YIT Corporation's Board of Directors can be found at the company's website www.yitgroup.com.
For additional information, contact: Reino Hanhinen, Chairman of the Board of Directors, YIT Corporation, tel. +358 20 433 2453
YIT CORPORATION
Juha Kostiainen Senior Vice President, Corporate Communications and Business Development
Distribution: OMX Nordic Exchange in Helsinki, principal media, www.yitgroup.com
