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

SUBSCRIPTION FOR YIT SHARES BY EXERCISING THE 2002 SERIES C AND SERIES D 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 Stock Exchange as from April 1, 2004, and the Series D share options as from April 1, 2005.

From 1 April to 29 April, 2005 a total of 190,900 YIT shares were subscribed for on the basis of the Series C share options and a total of 189,806 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 options is EUR 6.545 per share and with the Series D options EUR 5.845 per share.

The increase in the share capital as a consequence of these share subscriptions, EUR 380,706, is to be entered in the Trade Register on May 6, 2005.

 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 Stock Exchange, principal media, www.yit.fi