YIT Corporation’s Board of Directors decided the composition of its committees

YIT CORPORATION         STOCK EXCHANGE RELEASE             MARCH 15, 2013 AT 1:10 P.M. EET

YIT Corporation's Board of Directors held its organizational meeting on March 15, 2013. In the meeting the Board decided on the composition of the Personnel Committee, Audit Committee as well as the Working Committee.

From among its number, the Board elected Henrik Ehrnrooth as chairman and Kim Gran and Reino Hanhinen as members of the Personnel Committee. The Personnel Committee prepares, among other things, proposals for the development of the Group’s corporate culture and HR policy, remuneration and incentive schemes, the rules for performance bonuses, and the bonuses paid to the management. In addition, identifying talents, the development of key personnel, and planning for management replacements fall under the preparation responsibility of the Committee.

From among its number, the Board elected Michael Rosenlew as chairman and Satu Huber and Erkki Järvinen as members of the Audit Committee. The Audit Committee assists the Board of Directors in the supervision of the Group's reporting and accounting processes. Its tasks include overseeing the financial reporting process of the company, effectiveness of internal control, internal audit and risk management systems as well as monitoring and assessing the audit.

In addition, the Board elected Henrik Ehrnrooth as chairman and Reino Hanhinen and Michael Rosenlew as members of the Working Committee. The tasks of the Working Committee include addressing of matters related to business development and preparing proposals for the Board of YIT. The Working Committee addresses matters related to Group strategy, business segment structure, business organisation and significant investments.

For additional information, please contact:

Juhani Pitkäkoski, President and the CEO, YIT Corporation, tel. +358 20 433 3301, juhani.pitkakoski@yit.fi

YIT CORPORATION

Hanna-Maria Heikkinen

Vice President, Investor Relations

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

YIT is an established European service company in building systems and construction as well as in industrial sectors. More than 25,000 of our professionals serve clients in 14 countries in the Nordic countries, Central Europe, Russia and the Baltic countries. We have grown over the last hundred years with our clients and developed our services as the communities surrounding us have changed. We intend to continue following the same path. Our vision is to be the pioneer in creating and sustaining a healthy living environment. YIT’s net sales amounted approximately to EUR 4.7 billion in 2012. YIT's share is listed on Nasdaq OMX Helsinki. www.yitgroup.com