YIT CORPORATION'S BOARD OF DIRECTORS' ORGANIZATIONAL MEETING

 YIT CORPORATION'S BOARD OF DIRECTORS' ORGANIZATIONAL MEETING                    

YIT Corporation's Board of Directors held its organizational meeting on March    16, 2007. From among its number, the Board elected Eino Halonen as chairman and  Teuvo Salminen and Reino Hanhinen as members of the Audit Committee. It is the   task of the Audit Committee to assist the Board of Directors in the supervision  of the YIT Group's reporting and accounting processes.                          

 For additional information, contact:                                             Group CEO Hannu Leinonen, tel. +358 20 433 3301, hannu.leinonen@yit.fi          

 YIT CORPORATION                                                                 



Virva Salmivaara                                                                 Deputy to the Vice President, Communications                                    

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