Listing prospectus for YIT’s EUR 100 million secured green notes is available and the amendments to the terms of EUR 100 million green notes 2026 have become effective
STOCK EXCHANGE ANNOUNCEMENT, MARCH 26, 2004, 9:00
DOUBLING OF YITS SHARES IS RECORDED IN THE TRADE REGISTER; TRADING IN THE NEW SHARES TO BEGIN ON MARCH 29, 2004
YIT Corporations Annual General Meeting, held on March 18, 2004, decided to amend Article 3 of the Articles of Association such that the nominal value of the companys share will be changed from two euros to one euro (split). The amendment was entered in the Trade Register today.
Each share having a nominal value of two euros will be split into two shares having a nominal value of one euro each. The number of the companys shares will double from 30,523,375 to 61,046,750 shares. The share capital will remain unchanged, that is, EUR 61,046,750.
The number of shares owned by each shareholder will double. The increase in the number of shares will be carried out in the book- entry system and shareholders are not required to take action. The new shares will go into public trading on Helsinki Exchanges as from March 29, 2004.
YIT Corporations Articles of Association can be read on the companys Internet site.
For additional information, contact:
Esko Mäkelä, Executive Vice President, tel. +358 20 433 2258, esko.makela@yit.fi Veikko Myllyperkiö, Vice President, Corporate Communications, tel. +358 20 433 2297, veikko.myllyperkio@yit.fi
YIT CORPORATION
Veikko Myllyperkiö Vice President, Corporate Communications
Distribution: Helsinki Exchanges, principal media, www.yit.fi