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*SHARES SUBSCRIBED WITH OPTION RIGHTS: Y

HEX HELSINKI SECURITIES EXCHANGE RELEASE 123/2003 SHARES 8 May 2003

 SHARES SUBSCRIBED WITH OPTION RIGHTS: YIT CORPORATION

A total of 2 600 YIT Corporation's shares have been subscribed with the YIT Corporation's A option rights 1998. The shares will be traded on the Helsinki Exchanges as old shares as of 9 May 2003.

Identifiers of YIT Corporation's share as of 9 May 2003:

Trading code: YTY1V ISIN code: FI0009800643 Number of shares: 29 748 935

HELSINKI EXCHANGES Pekka Peiponen