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YIT CORPORATION ISSUES NOTES

STOCK EXCHANGE RELEASE SEPT. 25, 2003 16:30 1 (1)

YIT CORPORATION ISSUES NOTES

The subscription date of YIT Corporations serial notes 2/2003 and 3/2003 was today 25th September, 2003. The floating rate notes 2/2003 were fully subscribed and the fixed rate notes 3/2003 were almost twofold oversubscribed.

The issue date of the Notes, both totalling to 50 million euros, is 1st October, 2003.

The issue price of the floating rate notes 2/2003 is 100 and yield three month euribor + 0.65 per cent.

The issue price of the fixed rate notes 3/2003 is 101.03 and yield 4.55 per cent.

The sole bookrunner of the issue of the notes is Sampo Bank plc.

YIT CORPORATION



Veikko Myllyperkiö Vice President, Corporate Communications

For additional information, contact: Jaakko Mäkynen, Vice President, Finance, YIT Corporation, tel.
+358 20 433 2307, jaakko.makynen@yit.fi Riitta Salonen, Senior Vice President, Head of Capital Markets, Sampo Bank plc, tel. +358 10 513 3633

DISTRIBUTION: Helsinki Exchanges, principal media, www.yit.fi