NESTE OIL SPECIFIES ITS CLAIMS IN INSTALLATION CONTRACT DISPUTE

 NESTE OIL SPECIFIES ITS CLAIMS IN INSTALLATION CONTRACT DISPUTE                 

Neste Oil has specified its claims against YIT Industrial and Network Services   in a contract dispute being processed in the court of arbitration by presenting  compensation also on subsequent lost production. Neste Oil's total claims amount to EUR 107 million.                                                             

YIT contests Neste Oil's claims and has presented claims against Neste Oil based in principal on the amendments and additional work performed and the additional  costs that arose from the prolongation of the contract.                         

The disagreement that has arisen in the financial final settlement for the       mechanical installation work of production line 4, which was completed at Neste  Oil's Porvoo oil refinery in the summer 2007, was brought before the court of    arbitration for a decision in April 2008. YIT published a stock exchange release concerning the matter on April 1, 2008.                                         

 For additional information, contact:                                             Pekka Frantti, President, YIT Industrial                                         and Network Services Ltd, tel. +358 50 390 0932                                 

YIT CORPORATION                                                                 

Juha Kostiainen                                                                  Senior Vice President, Corporate Communications and Business                     Development                                                                     

 Distribution: OMX Nordic Exchange in Helsinki, 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, Russia, Baltic countries and Central    Europe. In 2007, YIT's revenue amounted to EUR 3.7 billion. The Group employs    more than 25,000 people. YIT's share is listed on OMX Nordic Exchange Helsinki.  www.yitgroup.com