INVITATION TO YIT CORPORATION'S ANNUAL GENERAL MEETING

 INVITATION TO YIT CORPORATION'S ANNUAL GENERAL MEETING                          

The shareholders of YIT Corporation are invited to attend the Annual General     Meeting to be held on Thursday, March 13, 2008, starting at 13:00 p.m. (Finnish  time) in Finlandia Hall, Conference Wing, Hall A, located at the address:        Mannerheimintie 13, Helsinki (entrance through doors M1 and K1).                

The check-in of those who have signed up for the meeting and the distribution of ballots will start at 12:00 p.m. (Finnish time). Coffee will be served after the meeting.                                                                        

Matters to be considered at the meeting                                         

The matters specified as being the business of Annual General Meetings in        Article 9 of the Articles of Association. The agenda is available on the         company's Internet site at www.yitgroup.com/agm.                                  1. Dividend payout                                                               The Board of Directors will propose to the Annual General Meeting that it decide on the payment of a dividend of EUR 0.80 per share. The right to a dividend      rests with a shareholder who, by the record date of March 18, 2008, has been     entered as a shareholder in the company's shareholder register that is kept by   Finnish Central Securities Depository Ltd. The Board of Directors proposes that  the dividend be paid on April 2, 2008.                                          

2. Board of Directors                                                            It has been brought to the company's attention that shareholders representing    more than 20% of the company's shares and votes will propose to the Annual       General Meeting that the Chairman, Vice Chairman and three ordinary members of   the Board of Directors be elected, namely: Reino Hanhinen as Chairman, Eino      Halonen as Vice Chairman and Kim Gran, Antti Herlin and Teuvo Salminen as        members. These same parties will also propose to the Annual General Meeting that the Board of Director's meeting fees be kept unchanged, i.e. that the following  fees be paid to the Board of Directors: Chairman EUR 6,000/month (EUR            72,000/year), Vice Chairman EUR 4,500/month (EUR 54,000/year), member EUR        3,500/month (EUR 42,000/year) plus a meeting fee of EUR 500 for each meeting,    and that similarly EUR 500 be paid to the members of the Audit Committee for     each committee meeting. Per diems for trips in Finland and abroad are paid in    accordance with the State's travelling compensation regulations.                

3. Auditor                                                                       The Audit Committee of the Board of Directors proposes that                      PricewaterhouseCoopers Oy, Authorised Public Accountants, be elected as the      company's auditor.                                                              

Annual General Meeting documents                                                  Financial statements data for 2007 will be available for inspection by           shareholders for a week before the meeting at the company's head office, located at Panuntie 11, Helsinki, Finland, and on the company's Internet site            www.yitgroup.com. Printed copies of the company's Annual Report for 2007 will be mailed to shareholders before the Annual General Meeting. The Annual Report will be available on the company's Internet site as from the week starting February   18, 2008.                                                                       

Participation right                                                               In order to have the right to participate in the Annual                          General Meeting, the shareholder must be registered in the company's shareholder register, which is maintained by Finnish Central Securities Depository Ltd, by   no later than March 3, 2008.                                                     A shareholder whose shares are nominee registered and who wishes to participate  in the Annual General Meeting and use his right of vote, must temporarily        register in the shareholder register by no later than March 3, 2008.            

Notification                                                                    

Shareholders must register for the meeting by no later than March 6, 2008, using one of the following methods:                                                    On YIT Corporation's Internet site www.yitgroup.com/agm, following the           instructions therein                                                             By sending a telefax to +358 20 433 2077                                         By telephoning Marja Salo, +358 20 433 2470 or Pirkko Pesonen, +358 20 433 2453  By sending a letter to YIT Corporation, Marja Salo, P.O. Box 36, FI-00621        Helsinki, Finland.                                                              

When the shareholder registers for the meeting through the Internet or by        telephone, letter or telefax, the message must reach the company prior to the    end of the registration period on March 6, 2008 at 16:00 p.m. (Finnish time).   

It is requested that the company be notified of any proxies at that time and     that any proxies be sent to YIT Corporation, Marja Salo, P.O. Box 36, FI-00621   Helsinki, Finland, before the expiry of the registration period.                

 Helsinki, February 7, 2008                                                      

 YIT CORPORATION                                                                  Board of Directors                                                              

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