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AMENDMENTS OF YIT'S ARTICLES OF ASSOCIATION AND INCREASE OF SHARE CAPITAL RECORDED IN THE TRADE REGISTER

YIT Corporation's Annual General Meeting, held on March 16, 2007, decided to amend Articles 3, 4, 6, 8, 9, 10 and 11 of the Articles of Association and to increase the share capital by EUR 82,822,459.92. The amendments were entered in the Trade Register today, March 30, 2007. YIT Corporation's share capital is now EUR 146,210,995.92. 

YIT Corporation's Board of Directors has decided to annul the 400 YIT shares in the company's possession immediately once the amended Articles of Association have been entered in the Trade Register.

YIT Corporation's Articles of Association and increase of share capital were carried out as proposed by the Board of Directors. The Board of Directors' proposals and YIT Corporations Articles of Association are available on the company's internet site, www.yitgroup.com.

For further information, contact: Sakari Toikkanen, Executive Vice President, +358 20 433 2336, sakari.toikkanen@yit.fi, Marja Salo, Director of Administration, +358 20 433 2470, marja.salo@yit.fi

YIT CORPORATION



Virva Salmivaara Deputy to the Vice President, Communications

Distribution: Helsinki Stock Exchange, principal media, www.yitgroup.com