SUBSCRIPTION FOR YIT SHARES BY EXERCISING THE SERIES C, D AND E SHARE OPTIONS FROM APRIL 25 TO JUNE

 SUBSCRIPTION FOR YIT SHARES BY EXERCISING THE SERIES C, D AND E SHARE OPTIONS FROM APRIL 25 TO JUNE 16, 2006

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, the Series D share options as from April 1, 2005, and the Series E share options issued in 2004 as from April 3, 2006.

From April 25 to June 16, 2006 a total of 56,360 YIT shares were subscribed for on the basis of the Series C share options, a total of 253.224 shares on the basis of the Series D share options and a total of 28,460 shares on the basis of the Series E share options.

Each Series C and D share option entitles its bearer to subscribe for four and each Series E share option for two YIT Corporation shares having a nominal value of EUR 0.50. The subscription price with the Series C options is EUR 3.2725 per share, with the Series D options EUR 2.9225 per share and with the Series E options EUR 6.80 per share.

The increase in the share capital as a consequence of these share subscriptions, EUR 169,022, is to be entered in the Trade Register on June 22, 2006.

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