NOTIFICATION OF CHANGE IN HOLDINGS UNDER CHAPTER 2, SECTION 9 OF THE FINNISH SECURITIES MARKET ACT

NOTIFICATION OF CHANGE IN HOLDINGS UNDER CHAPTER 2, SECTION 9 OF THE FINNISH     SECURITIES MARKET ACT

YIT Corporation has on July 15, 2008 gained knowledge of notification under the  Finnish Securities Market Act stating that following a share transaction on July 10, 2008 holdings of the entities belonging to Julius Baer Holding Ltd's group   of companies was decreased to below 5% of YIT Corporation's shares and votes.    The companies hold total of 6,344,962 YIT shares which equals to 4.987 per cent  of YIT Corporation's shares.                                                    

Attached notification sent by Julius Baer Holding Ltd.                          

	                                                                                For additional information, contact:                                             Petra Thorén, Senior Vice President, Investor Relations, YIT Corporation, +358   (0)40 764 5462, petra.thoren@yit.fi                                             

 YIT CORPORATION                                                                 

Juha Kostiainen                                                                  Senior Vice President, Corporate Communications and Business Development        



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