PRESENTATION OF YIT'S PRESIDENT AND CEO ON CAPITAL MARKET DAY: VOLUMES IN RESIDENTIAL SALES HAVE REMAINED STABLE

 PRESENTATION OF YIT'S PRESIDENT AND CEO ON CAPITAL MARKET DAY: VOLUMES IN        RESIDENTIAL SALES HAVE REMAINED STABLE                                          

YIT holds a Capital Market Day for investors and analysts today, September 24,   2009, to present the Group's strategy. At the same time YIT publishes its        residential sales figures for July-August, 2009.                                

Juhani Pitkäkoski, President and CEO:                                           

- The Group' s growth target for the strategy period 2010-2012 was raised to an  average of 5-10 per cent per year, while our previous aim was positive revenue   growth. In addition to growth, the focus areas in the Group's strategy are       capital efficiency, profitability and cash flow.                                

- Our growth focus areas are service and maintenance operations for building     systems and industry and residential and infrastructure construction. In         geographical terms we are aiming at the fastest growth in the Nordic countries   as well as in Central Europe. Growth is sought both organically and through      acquisitions. In Russia, our primary aim is to improve profitability and to have controlled growth.                                                              

- We will improve our capital efficiency especially in the International         Construction Services segment in Russia and the Baltic countries. The extensive  action programme we have launched covers all stages of housing production from   land acquisition and development to the implementation of construction projects  and the management of the number of completed but unsold apartments. In          Construction Services in Finland, we will improve the land plot turnover. The    capital invested in Building and Industrial Services is smaller than in the      other segments and improvement actions are related to net operating working      capital.                                                                        

- We will improve profitability by developing our internal efficiency and by     emphasising services that enable higher profits in each segment. The key actions for improving cash flow are the stepping up of residential sales, effective      invoicing and collecting sales receivables, as well as developing the cost       structure and procurement.                                                      

- We have proceeded according to the strategy we confirmed in August and         strengthened our residential sales. Volumes in residential sales have remained   stable. In Finland we sold a total of 712 residential units in July-August. Of   these, 224 were owner-occupied residential units sold directly to consumers and  488 rental housing constructed for investors. In Russia, we sold a total of 473  residential units in July-August. In Russia, we have made a co-operation         agreement with Sberbank so that our customers are able to get a mortgage with    specific terms when they buy an apartment from YIT. We have managed to reduce    our residential housing inventory in the Baltic countries by selling 42          residential units in July-August.                                               

Webcast and conference call                                                     

President and CEO Juhani Pitkäkoski's presentation can be viewed as a real-time  webcast at http://www.yitgroup.com/webcast. The presentation will start at 9:00  (EEST). A recording will be available at the same address approximately at 12:00 (noon). All YIT Capital Markets Day materials will be available on the          company's Internet site at www.yitgroup.com/investors.                          

Investors and analysts can also participate in the event through a conference    call. Conference call participants are requested to call a minimum of five       minutes prior to the start of the event in +44 (0)20 7162 0077 or +49 (0)695     8999 0507.                                                                        -------------------------------------------------------------------------------- | Time zone                  | President and CEO     | Recorded webcast        | |                            | Juhani Pitkäkoski's   | available               | |                            | presentation          |                         | |                            | (real-time webcast)   |                         | -------------------------------------------------------------------------------- | EEST (Helsinki)            | 09:00 a.m.            | 12:00 a.m.              | -------------------------------------------------------------------------------- | CEST (Paris, Stockholm)    | 08:00 a.m.            | 11:00 a.m.              | -------------------------------------------------------------------------------- | BST (London)               | 07:00 a.m.            | 10:00 a.m.              | -------------------------------------------------------------------------------- | US EDT (New York)          | 02:00 a.m.            | 05:00 a.m.              | --------------------------------------------------------------------------------



YIT published a stock exchange release on the confirmation the Group's strategy  on August 20, 2009.                                                             

 For further information, please contact:                                         Juhani Pitkäkoski, President and CEO, +358 20 433 3301, juhani.pitkakoski@yit.fi Petra Thorén, Senior Vice President, Investor Relations, +358 40 764 5462,       petra.thoren@yit.fi                                                             



YIT CORPORATION                                                                 

 Virva Salmivaara                                                                 Senior Vice President, Corporate Communications                                 

Distribution: NASDAQ OMX, principal media, www.yitgroup.com