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*SHARES SUBSCRIBED WITH OPTION RIGHTS: Y

HEX HELSINKI CASH MARKET RELEASE 310/2004 SHARES 23 August 2004

 SHARES SUBSCRIBED WITH OPTION RIGHTS: YIT CORPORATION

A total of 18 780 YIT Corporation's shares have been subscribed with the YIT Corporation's C option rights 2002. The shares will be traded on the Helsinki Exchanges as old shares as of 24 August 2004.

Identifiers of YIT Corporation's share:

Trading code: YTY1V ISIN code: FI0009800643 Number of shares: 61 178 720

HELSINKI EXCHANGES Janne Seppänen