SAKARI AHDEKIVI APPOINTED AS CFO OF YIT CORPORATION

SAKARI AHDEKIVI APPOINTED AS CFO OF YIT CORPORATION                  

Sakari Ahdekivi (43), M.Sc. (Econ.), has been appointed as CFO of YIT            Corporation and as a member of the Group's Management Board as from September 1, 2007. He will report to Group CEO Hannu Leinonen. In addition to financial       matters, his responsibilities will include other centralized corporate services.

Sakari Ahdekivi is stepping into the position from his current post as CFO of    Huhtamäki Oyj. Prior to Huhtamäki, he was in ABB's employ from 1994-2005 in      Finland, the UK, Switzerland and most recently the USA, where he was Division    Controller at ABB's global Automation Technologies Division from January 2003 to March 2005.                                                                     

As from the beginning of September, Executive Vice President Sakari Toikkanen    will focus on the Group's strategic planning and acquisitions.                  

“This solution highlights the importance of both the financial direction of      YIT's business operations and strategic corporate planning in establishing and   ensuring the conditions for profitable growth,” says Group CEO Hannu Leinonen.   Ahdekivi bolsters YIT's Management Board with his robust financial expertise and wide-ranging international experience.                                          

For additional information, contact:                                             Group CEO Hannu Leinonen, YIT Corporation,                                       tel. +358 20 433 3301                                                           

 YIT Corporation                                                                 



Veikko Myllyperkiö                                                               Vice President, Corporate Communications                                        



Distribution: Helsinki Stock Exchange, principal media, www.yitgroup.com