INCREASE IN YIT'S SHARE CAPITAL AS A CONSEQUENCE OF SHARE SUBSCRIPTIONS WITH SHARE OPTIONS

 INCREASE IN YIT'S SHARE CAPITAL AS A CONSEQUENCE OF SHARE SUBSCRIPTIONS WITH     SHARE OPTIONS                                                                   

From August 11 to October 19, 2007 a total of 1,000 YIT shares were subscribed   for on the basis of the Series E share options, a total of 3,360 shares on the   basis of the Series F share options and a total of 2,600 shares on the basis of  the Series K share options. The increase in the share capital as a consequence   of these share subscriptions, totalling EUR 80,842, was entered in the Trade     Register on October 30, 2007. The subscription price will be used in full to     increase the share capital. Following the increase, YIT's share capital is EUR   147,150,725.32 and the number of shares outstanding is 126,913,218.             

The new shares confer all shareholder rights as from the date of registration,   October 30, 2007, and they will be accepted for public trading on OMX Nordic     Exchange in Helsinki together with the existing shares. The objective is that    trading in the shares will commence on October 31, 2007.                        

In 2007 YIT Corporation shares can be subscribed for on the basis of Series E    and F share options issued in 2004 and Series K and L share options issued in    2006. Max. 125,122 shares can still be subscribed for with Series E share        options, max. 180,932 shares with Series F share options, max. 237,600 shares    with Series K share options and max. 592,100 shares with Series L share options.

The subscription price with the Series E options is EUR 6.80 per share, with the Series F options EUR 6.15 per share and with Series K and L options EUR 20.53    per share.                                                                      

The terms and conditions of the share option programmes as a whole are presented on the company's internet site www.yitgroup.com.                                

 For additional information, contact:                                             Marja Salo, Director of Administration, tel. +358 20 433 2470, marja.salo@yit.fi Jaakko Mäkynen, Vice President, Finance, tel. +358 20 433 2307,                  jaakko.makynen@yit.fi                                                           

 YIT CORPORATION                                                                 



Juha Kostiainen                                                                  Vice President, Corporate Communications and Business Development                		                                                                              

Distribution:                                                                    OMX Nordic Exchange in Helsinki, principal media, www.yitgroup.com