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

CORPORATE RELEASE 		CORPORATE ACTION                                            

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

From April 23 to June 15, 2007 a total of 7,410 YIT shares were subscribed for   on the basis of the Series E share options, a total of 37,736 shares on the      basis of the Series F share options, a total of 1,000 shares on the basis of the Series K share options and a total of 100 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 305,047.40, was entered in the Trade Register on    June 26, 2007. The subscription price will be used in full to increase the share capital. Following the increase, YIT's share capital is EUR 146,993,891.32 and   the number of shares outstanding is 126,898,506.                                  The new shares confer all shareholder rights as from the date of registration,   June 26, 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 June 27, 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. 128,538 shares can still be subscribed for with Series E share        options, max. 187,768 shares with Series F share options, max. 240,800 shares    with Series K share options and max. 593,360 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:                                                                    Helsinki Stock Exchange, principal media, www.yitgroup.com