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 May 19, 2008 gained knowledge of notification under the   Finnish Securities Market Act stating that following a share transaction on May  7, 2008 holdings of the entities belonging to Julius Baer Holding Ltd's group of companies was increased to over 5% of YIT Corporation's shares and votes. The    companies hold total of 6,437,587 YIT shares which equals to 5.06 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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