SUBSCRIPTION FOR YIT SHARES BY EXERCISING THE SERIES E, F, K AND L SHARE OPTIONS FROM APRIL 23 TO JUNE 15, 2007

CORPORATE RELEASE 		CORPORATE ACTION                                            

 SUBSCRIPTION FOR YIT SHARES BY EXERCISING THE SERIES E, F, K AND L SHARE OPTIONS FROM APRIL 23 TO JUNE 15, 2007                                                    From April 23 to June 15, 2007 a total of 7,410 YIT shares were subscribed for   on the basis of the Series E share options, a total of 37,736 shares on the      basis of the Series F share options, a total of 1,000 shares on the basis of the Series K share options and , a total of 100 shares on the basis of the Series L  share options.                                                                    The increase in the share capital as a consequence of these share subscriptions, EUR 305,047.40, is to be entered in the Trade Register on June 26, 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.                                      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.                                                                      

YIT CORPORATION                                                                 



Virva Salmivaara                                                                 Deputy to the Vice President, 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