Back

SUBSCRIPTION FOR YIT SHARES BY EXERCISIN

STOCK EXCHANGE ANNOUNCEMENT April 29, 2004 15:00 1 (1)

SUBSCRIPTION FOR YIT SHARES BY EXERCISING THE 2002 SERIES C SHARE OPTIONS IN APRIL

The Series C share options that YIT Corporation issued in 2002 were made available for trading on the Main List of Helsinki Exchanges as from April 1, 2004. A total of 35,130 YIT shares were subscribed for on the basis of the share options by April 28, 2004.

Each Series C share option entitles its holder to subscribe for two YIT Corporation shares having a nominal value of one euro. The subscription price is EUR 6.545 per share.

The increase in the share capital as a consequence of these share subscriptions, EUR 35,130, is to be entered in the Trade Register on May 6, 2004.

YIT CORPORATION



Veikko Myllyperkiö Vice President, Corporate Communications

For additional information, contact: Jaakko Mäkynen, Vice President, Finance, tel. +358 20 433 2307, jaakko.makynen@yit.fi Marja Salo, Director of Administration, tel. +358 20 433 2470, marja.salo@yit.fi

Distribution: Helsinki Exchanges, principal media, www.yit.fi