WORKING COMMITTEE FOR YIT'S BOARD OF DIRECTORS

WORKING COMMITTEE FOR YIT'S BOARD OF DIRECTORS

The Board of Directors of YIT Corporation has established a new committee aiming to assist the Board in matters related to the business development of YIT. The Working Committee will begin its operations immediately and convene when necessary and invited by the committee chair.

The tasks of the working committee include addressing of matters related to business development and preparing proposals for the Board of YIT. According to its ratified rules of procedure, the working committee will address matters related to Group strategy, business segment structure, business organisation and significant investments.

The working committee members are Chairman Henrik Ehrnrooth, Chairman of the Board of Directors, and Reino Hanhinen, Vice Chairman of the Board of Directors, as well as Michael Rosenlew appointed by the Board of Directors from among its members.

After establishing the working committee, the Board of Directors of YIT has three committees: the Nomination and Rewards Committee, the Audit Committee, and the Working Committee. 

For additional information, please contact: 

Juhani Pitkäkoski, President and CEO, YIT Corporation, tel. +358 20 433 3301, juhani.pitkakoski@yit.fi
Antero Saarilahti, Senior Vice President, Administration, YIT Corporation, tel. +358 20 433 2280, antero.saarilahti@yit.fi

YIT CORPORATION

Hanna-Maria Heikkinen
Vice President, Investor Relations

Distribution: NASDAQ OMX, principal media, www.yitgroup.com

YIT is a leading European service company in building systems, construction services and services for industry. We build, develop and maintain quality living environments in the Nordic countries, Central Europe, Russia and the Baltic countries. In 2010, YIT's turnover was EUR 3.8 billion. The Group has nearly 26,000 employees. YIT's shares are listed on NASDAQ OMX Helsinki. www.yitgroup.com.