PROPOSALS FOR YIT CORPORATION'S BOARD OF DIRECTORS AND AUDITOR

 PROPOSALS FOR YIT CORPORATION'S BOARD OF DIRECTORS AND AUDITOR                  

The nomination and rewards committee and the audit committee of YIT              Corporation's Board of Directors have made their proposals regarding Board of    Directors' composition and fees and auditor to the Annual General Meeting to be  held on March 11, 2009                                                          

Composition and fees of Board of Directors                                      

The nomination and rewards committee of the Board of Directors proposes that the Chairman, Vice Chairman and 5 ordinary members of the Board of Directors be      elected, namely: Henrik Ehrnrooth as Chairman, Eino Halonen as Vice Chairman and Kim Gran, Reino Hanhinen, Antti Herlin, Satu Huber and Lauri Ratia as members.   Of the current Board members, Teuvo Salminen would resign from the Board         according to proposal. New members in YIT's Board would be Henrik Ehrnrooth,     Satu Huber and Lauri Ratia. All the nominees have given their consent to Board   service.                                                                        

More information on the nominees is available on the attachment and on YIT's     internet site www.yitgroup.com.                                                 

In addition, it will be proposed that the Board of Directors' meeting fees be    kept unchanged, i.e. that the following fees be paid to the Board of Directors:  Chairman EUR 6,000/month (EUR 72,000/year), Vice Chairman EUR 4,500/month (EUR   54,000/year), member EUR 3,500/month (EUR 42,000/year) plus a meeting fee of EUR 500 for each meeting. Also, it will be proposed that similarly EUR 500 be paid   to the members of the committees of the Board of Directors for each committee    meeting. Per diems for trips in Finland and abroad will be proposed to be paid   in accordance with the State's travelling compensation regulations.             

Auditor                                                                         

The audit committee of the Board of Directors proposes that                      PricewaterhouseCoopers Oy, Authorised Public Accountants, be re-elected as the   company's auditor.                                                              



The proposals above will be included in the invitation to the Annual General     Meeting.                                                                        

For more information, please contact:                                            Antero Saarilahti, Secretary for the                                             Board of Directors, +358 20 433 2280                                            



YIT CORPORATION                                                                 

Veikko Myllyperkiö                                                               Senior Vice President, Corporate Communications                                 

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