The YIT Group’s disclosure policy

Background

The YIT Group’s parent company, YIT Corporation, is domiciled in Helsinki and the company’s share is listed on NASDAQ OMX Helsinki. In its disclosure policy, YIT complies with Finnish legislation and the guidelines of NASDAQ OMX Helsinkiand the Finnish Financial Supervision Authority on the disclosure obligation and the handling of unreleased information (inside information).

YIT communicates proactively with all its interest groups. The key principles of the company’s communications are service-mindedness, equitability, openness and honesty. The company aims to uphold the confidence that interest groups have in YIT.

Information to be disclosed

YIT publishes all material information on the Group’s strategy and business operations consistently and without delay in order to enable well-founded appraisals of the company’s share value.

The company provides a written, well-reasoned assessment of the Group-level development of its business operations and earnings during the present financial period and clarifies related material risks.

A profit warning is released if material changes occur in either the outlook for the trend in YIT’s earnings during the present year or the factors underlying it.

Responsibilities and spokespersons

YIT’s relations with capital market representatives are the responsibility of YIT Corporation’s Senior Vice President, Investor Relations. Meetings with investors and analysts are attended by the CEO, CFO and Senior Vice President, Investor Relations as well as representatives of the business segments together with the Senior Vice President, Investor Relations.

YIT Corporation’s Senior Vice President, Corporate Communications, is responsible for the Group’s media and social relations as well as the preparation of information for disclosure and compliance with a consistent disclosure policy. The heads of the company’s business segments participate in the preparation of information on their own business operations.

The Board of Directors approves significant stock exchange releases.

Statements on the YIT Group’s operations and development are made by YIT Corporation’s CEO, Executive Vice President, CFO, Senior Vice President, Investor Relations, and Senior Vice President, Corporate Communications. The heads of the business segments and business functions as well as experts provide statements on matters in their own areas of responsibility.

Language and channels

All material information on YIT is published simultaneously in Finnish and English through NASDAQ OMX Helsinki, to the principal media and on the company’s Internet site.

Information leaks

YIT does not as a rule comment on any public rumours. If significant erroneous information about YIT is disseminated, representatives of the company will evaluate the quality of the information released by the company and provide further information on it if necessary. If this erroneous information is not based on disclosures by the company and it damages the company’s shareholder value, YIT will refute it.

Crisis communications

Crisis communications are led by YIT Corporation’s Senior Vice President, Corporate Communications. In exceptional situations, YIT’s communications will be centralized into the care of the persons appointed to attend to the situation at hand and communications will focus on ensuring the quality of the information released, openness, speed and a proactive approach.

Closed period

Prior to each earnings announcements is so called closed period during which YIT’s representatives do not meet capital market representatives or provide comments on the company’s financial state or the future outlook of the company or its markets. Closed period starts on April 1, July 1, October 1 and January 1 and lasts until the publication of the respective earnings announcement. The schedule of earnings bulletins and closed periods is shown in the Investor Calendar on YIT’s Internet site.

YIT Corporation’s Board of Directors has ratified the disclosure policy on June 16, 2008. On September 22, 2009 the Board made an amendment regarding the timing of closed period.

Updated September 29, 2009
InvestorRelations@yit.fi