YIT IS CONSTRUCTING A FURTHER EXTENSION PHASE OF THE TURKU UNIVERSITY HOSPITAL

 YIT IS CONSTRUCTING A FURTHER EXTENSION PHASE OF THE TURKU UNIVERSITY HOSPITAL  

On 15 June 2010, YIT and the Hospital District of Southwest Finland signed an    agreement on the implementation of phase 2 of the extension of the Turku         University Hospital. The agreed interior construction phase will be implemented  as a project management contract, its value totalling about EUR 45 million. The  contract covers the interior construction work in the E, F and G parts of the T  hospital. The construction of the T hospital will be completed in December 2012.
YIT has been involved in implementing frame contracting for the T hospital and   also acts as the electrical and sprinkler contractor at the site. The total      value of YIT's work at the site amounts to EUR 70 million.                      

The total area of the extension of the T-hospital is more than 60,000 gross      square metres. The new premises will be taken into use after the hospital has    provided its operational equipment in the spring of 2013. The premises will      house the hospital's heavy and acute operations, including joint emergency       duties. The intention is also to introduce better, more flexible and more        patient-oriented operating models together with the new premises.               

“The extensive construction work will include an added challenge in terms of     securing operations in the premises in hospital use in all situations. YIT,      which is currently carrying out frame contracts for the building, was also       selected as the main contractor for the largest interior construction phase for  the extension project. We have been satisfied with our cooperation and YIT has   kept its schedules well, in accordance with the contract agreements,” says Timo  Seppälä, project manager of the Hospital District of Southwest Finland.         

SIGNIFICANT IMPACT ON REGIONAL EMPLOYMENT                                       

The construction work for the extension of the T hospital has a significant      impact on employment in the area. The YIT construction site will employ up to    about 400 people.                                                               

“We are very happy that we will continue cooperation in this project in terms of the interior construction work as well. With regard to labour, the contract is   significant to our unit. We, for our part, will also be able to have an impact   on employment in the sector,” says Jyrki Meri, the area manager for YIT's        Building Construction.                                                          

 For further information, please contact:                                         Jyrki Meri, Area Manager, Turku, YIT Construction Services, tel. +358 (0)50 390  1176, jyrki.meri@yit.fi.                                                         YIT CORPORATION                                                                 

 Virva Salmivaara                                                                 Senior Vice President, Corporate Communications                                 

 Distribution: Principal media, www.yit.fi                                       

YIT is a leading European service company in building systems, construction      services and services for industry. We build, develop and maintain quality       living environments in the Nordic countries, Russia, the Baltic countries and    Central Europe. In 2009, YIT's turnover was EUR 3.5 billion. The Group has       approximately 23 500 employees. YIT's shares are listed on NASDAQ OMX Helsinki.