YIT GROUP'S BUSINESS SEGMENT STRUCTURE AND COMPOSITION OF MANAGEMENT BOARD WILL BE AMENDED

 YIT GROUP'S BUSINESS SEGMENT STRUCTURE AND COMPOSITION OF MANAGEMENT BOARD WILL  BE AMENDED                                                                      

YIT Group's business segment structure as well as the composition of the Group's management board will be amended as of beginning of 2009.                       

YIT's current business segments Building Systems and Industrial Services will    merge to Building and Industrial Services business segment. The other two        business segments of YIT Group are Construction Services Finland and             International Construction Services.                                            

YIT Group's management board will consist of Juhani Pitkäkoski, President and    CEO of YIT Corporation and head of Building and Industrial Services business     segment, Kari Kauniskangas, Deputy CEO of YIT Corporation and head of            International Construction Services business segment, Tero Kiviniemi, head of    Construction Services Finland business segment, Arne Malonaes, head of Norwegian company and person responsible for development in building systems, Pekka        Frantti, head of industrial services, Sakari Ahdekivi, CFO, Christel Berghäll,   Senior Vice President, Human Resources, Sakari Toikkanen, Senior Vice President, Business Development, and as secretary Antero Saarilahti, Senior Vice President, Administration.                                                                 

The purpose of the changes is to focus the Group management close to the         operative business and emphasize the business segments' role as a response to    the changes in the business environment.                                        

 For additional information, contact:                                             President and CEO Juhani Pitkäkoski, YIT Corporation, phone: +358 20 433 3301                                                                                    

Attachment:                                                                      Segment information 1-9/2008                                                    



YIT CORPORATION                                                                 

 Juhani Pitkäkoski                                                                President and CEO                                                               

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