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SUBSCRIPTION FOR YIT SHARES BY EXERCISING THE SERIES E, F, K AND L SHARE OPTIONS FROM APRIL 2 TO APRIL 20, 2007

STOCK EXCHANGE RELEASE April 23, 2007 13:30

SUBSCRIPTION FOR YIT SHARES BY EXERCISING THE SERIES E, F, K AND L SHARE OPTIONS FROM APRIL 2 TO APRIL 20, 2007 

The Series F share options that YIT Corporation issued in 2004 and the Series K and L share options issued in 2006 were made available for trading on the Main List of Helsinki Stock Exchange as from April 2, 2007. The Series E share options issued in 2004 have been available for trading on the Main List of Helsinki Stock Exchange since April 3, 2006.

From April 2 to April 20, 2007 a total of 19,972 YIT shares were subscribed for on the basis of the Series E share options and a total of 55,616 shares on the basis of the Series F share options.

Each Series E and F share option entitles its bearer to subscribe for two YIT Corporation shares and each K and L share option for one YIT Corporation share.
The subscription price with the Series E options is EUR 6.80 per share, with the Series F options EUR 6.15 per share and with Series K and L options EUR 20.53 per share.

The increase in the share capital as a consequence of these share subscriptions, EUR 477,848, is to be entered in the Trade Register on April 30, 2007.

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