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 June 18 to August 10, 2007 a total of 2,416 YIT shares were subscribed for  on the basis of the Series E share options, a total of 3,476 shares on the basis of the Series F share options, a total of 600 shares on the basis of the Series  K share options and a total of 1,260 shares on the basis of the Series L share   options. The increase in the share capital as a consequence of these share       subscriptions, totalling EUR 75,992, was entered in the Trade Register on August 20, 2007. The subscription price will be used in full to increase the share      capital. Following the increase, YIT's share capital is EUR 147,069,883.32 and   the number of shares outstanding is 126,906,258.                                  The new shares confer all shareholder rights as from the date of registration,   August 20, 2007, and they will be accepted for public trading on Helsinki Stock  Exchange together with the existing shares. The objective is that trading in the shares will commence on August 21, 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. 126,122 shares can still be subscribed for with Series E share        options, max. 184,292 shares with Series F share options, max. 240,200 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.                                

 YIT CORPORATION                                                                 



Veikko Myllyperkiö                                                               Vice President, Corporate Communications						                                   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                                                           

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