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NOTIFICATION OF A CHANGE IN PROPORTIONAL

YIT-YHTYMÄ CORPORATION STOCK EXCHANGE RELEASE August 21, 2003 3.00 p.m. 1 (1)

NOTIFICATION OF A CHANGE IN PROPORTIONAL SHAREHOLDING UNDER THE SECURITIES MARKET ACT, CHAPTER 2, SECTION 9

YIT Corporation has today received from Pohjola Group plc the following notification, in accordance with the Securities Market Act, Chapter 2, Section 9, according to which Pohjola Group plc’s proportion of YIT Corporation’s voting rights and share capital has fallen below one twentieth (1/20).

1. Name of target company: YIT Corporation

2. Time when the proportional shareholding has changed: August 20, 2003

3. Exact proportion of YIT Corporation’s voting rights and share capital at August 20, 2003: Number of Holding Proportion shares of votes Pohjola Group plc, Business ID 0196743-2 530,433 1.78% 1.78% Pohjola Non-Life Insurance Company, Business ID 1458359-3 933,667 3.13% 3.13% A-Insurance Ltd, Business ID 1715947-2 20,000 0.07% 0.07%

Pohjola Group, total 1,484,100 4.98% 4.98%

YIT Corporation’s share capital was increased on August 21, 2003.
YIT Corporation’s fully paid in share capital which was entered in the Trade Register on August 21, 2003, is EUR 60,235,692, which is divided into 30,117,846 shares. The company has one share series and each share carries one vote.

YIT CORPORATION



Esko Mäkelä Executive Vice President



For additional information, contact: Esko Mäkelä, Executive Vice President, tel. +358 20 43 32258, esko.makela@yit.fi

Distribution: Helsinki Exchanges, principal media, www.yit.fi