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YIT CityStroi will start residential construction for 150 flats in Moscow city

PRESS RELEASE Oct. 10, 2006 at 14:00 1(1)

 YIT CityStroi will start residential construction for 150 flats in Moscow city

YIT CityStroi has acquired investment right to a plot in southern part of Moscow. A total of about 16,400 square metres of residential space can be built on the plot. The company intends to start up construction for 150 flats during year 2007.

For additional information, contact:

Timo Lehmus, Head of international operations, YIT Construction Ltd, tel. +358 400 409 181, timo.lehmus@yit.fi Petra Thorén, Vice President, Investor Relations, tel. +358 40 764 5462, petra.thoren@yit.fi

YIT CORPORATION

Veikko Myllyperkiö Vice President, Corporate Communications

Distribution: Helsinki Stock Exchange, principal media, www.yitgroup.com