NOTIFICATION ON A CHANGE IN HOLDINGS REF

YIT Corporation has today received by letter from Fidelity International Limited a notification, pursuant the Finnish Securities Market Act, Chapter 2, Section 9, according to which the holding of shares by Fidelity International Limited and its direct and indirect subsidiaries in YIT Corporation have fallen below one twentieth (1/20) of YIT Corporation’s paid up share capital and voting rights.

 1. The issuing company: YIT Corporation

2. Date on which the change in holdings took place: April 28, 2004

3. Exact proportion of YIT Corporation’s share capital and voting rights at April 28, 2004:

                                   Number of  Proportion Proportion                                      shares    of share  of voting                                               capital,%  rights, % Fidelity International Limited;                                    Fid Fds - European Growth Pool    2,834,990        4.64       4.64 Fidelity International Limited;                                    Fid Fds - Nordic Pool               141,000        0.23       0.23 Fidelity International Limited;                                    EP MM Clapp                          27,450        0.04       0.04 Total                             3,003,440        4.92       4.92

 YIT Corporation’s fully paid in share capital is EUR 61,046,750, which is divided into 61,046,750 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