SUBSCRIPTION FOR YIT SHARES BY EXERCISING THE 2002 SERIES C AND SERIES D SHARE OPTIONS

 SUBSCRIPTION FOR YIT SHARES BY EXERCISING THE 2002 SERIES C AND SERIES D SHARE OPTIONS FROM AUGUST 13 TO NOVEMBER 30, 2005

From August 13 to November 30, 2005, a total of 105,766 YIT shares were subscribed for on the basis of the 2002 Series C share options and a total of 161,312 shares on the basis of the Series D share options.

Each share option entitles its holder to subscribe for two YIT Corporation shares having a nominal value of one euro. The subscription price with the Series C share options is EUR 6.545 per share and with the Series D share options EUR 5.845 per share.

The increase in the share capital as a consequence of these share subscriptions, EUR 267,078, is to be entered in the Trade Register on December 5, 2005.

YIT CORPORATION



Veikko Myllyperkiö Vice President, Corporate Communications

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

 Distribution: Helsinki Stock Exchange, principal media, www.yit.fi