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SUBSCRIPTION FOR YIT SHARES BY EXERCISING THE SERIES E, F, K AND L SHARE OPTIONS FROM AUGUST 11 TO OCTOBER 19, 2007

22 OCT, 2007 at 14:00 CORPORATE RELEASE CORPORATE ACTION

 SUBSCRIPTION FOR YIT SHARES BY EXERCISING THE SERIES E, F, K AND L SHARE OPTIONS FROM AUGUST 11 TO OCTOBER 19, 2007                                               From August 11 to October 19, 2007 a total of 1,000 YIT shares were subscribed   for on the basis of the Series E share options, a total of 3,360 shares on the   basis of the Series F share options and a total of 2,600 shares on the basis of  the Series K share options.                                                       The subscription price will be used in full to increase the share capital. The   increase in the share capital as a consequence of these share subscriptions, EUR 80,842, is to be entered in the Trade Register on October 30, 2007.               The Series E share options issued in 2004 have been available for trading in OMX Nordic Exchange in Helsinki since April 3, 2006. The Series F share options      issued in 2004 and the Series K and L share options issued in 2006 were made     available for trading as from April 2, 2007.                                      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.                                                                      

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

YIT CORPORATION

Juha Kostiainen Vice President, Corporate Communications and Business Development

Distribution: OMX Nordic Exchange in Helsinki, principal media, www.yitgroup.com