MATTI MALMBERG APPOINTED HEAD OF YIT'S BUILDING SERVICES NORTHERN EUROPE BUSINESS SEGMENT

MATTI MALMBERG APPOINTED HEAD OF YIT'S BUILDING SERVICES NORTHERN EUROPE BUSINESS SEGMENT

Matti Malmberg, M.Sc. (Tech.) (51), has been appointed head of YIT’s Building Services Northern Europe business segment and member of YIT’s Management Board. Malmberg reports to Juhani Pitkäkoski, CEO of YIT Corporation.

Arne Malonæs, former head of Building Services Northern Europe, will not remain in the employ of YIT.

YIT announced the changes in the management of the Building Services Northern Europe business segment in its Stock Exchange Release dated May 19, 2011.

For additional information, please contact:

Juhani Pitkäkoski, President and CEO, YIT Corporation, tel. +358 20 433 3301, juhani.pitkakoski@yit.fi

YIT CORPORATION

Hanna-Maria Heikkinen
Vice President, Investor Relations

Distribution: NASDAQ OMX, principal media, www.yitgroup.com

YIT is a successful European service company in building systems, construction services and services for industry. We build, develop and maintain quality living environments in Nordic countries, Central Europe, Russia and Baltic countries. In 2010, YIT's revenue amounted to EUR 3.8 billion. The Group employs nearly 26,000 people. YIT's share is listed on NASDAQ OMX Helsinki. www.yitgroup.com