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YIT CORPORATION'S BOARD OF DIRECTORS' ORGANIZATIONAL MEETING

STOCK EXCHANGE RELEASE, MARCH 16, 2007

 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