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

OCTOBER 30, 2007 AT 13:00 COMPANY RELEASE MAJOR SHAREHOLDER ANNOUNCEMENTS

 NOTIFICATION OF CHANGE IN HOLDINGS UNDER CHAPTER 2, SECTION 9 OF THE FINNISH     SECURITIES MARKET ACT                                                                                                                                             YIT Corporation has received a notification regarding a change in holdings, as   set forth in the Finnish Securities Market Act, sent by Schroder Investment      Management Compliance Limited. Schroder Investment Management Compliance Limited announced that its holding has fallen to 4.93 per cent of YIT's shares on        October 26, 2007.                                                               

YIT's share capital - registered on August 20, 2007 - is EUR 147,069,883.32 and the number of shares outstanding is 126,906,258. YIT Corporation has one series of shares. Each share carries one vote and confers an equal right to a dividend.

Schroder Investment Management Compliance Limited's notification is presented as an attachment.

For additional information, contact: Virva Salmivaara, Deputy to VP, Corporate Communications and Business Development, phone +358 20 433 2781, virva.salmivaara@yit.fi

YIT CORPORATION

Juha Kostiainen Vice President, Corporate Communications and Business Development

Distribution: OMX Nordic Exchange in Helsinki, principal media, www.yitgroup.com

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