Subscription for YIT shares by exercising the series K, L and M share options from April 1 to April 18, 2008

YIT CORPORATION           21 APRIL, 2008 at 12:00
CORPORATE RELEASE     CORPORATE ACTION

From April 1 to April 18, 2008 a total of 1,000 YIT shares were subscribed for on the basis of the Series K share options, a total of 2,100 YIT shares on the basis of the Series L share options and a total of 2,450 YIT shares on the basis of the Series M share options.

The subscription price will be used in full to increase the share capital. The increase in the share capital as a consequence of these share subscriptions, EUR 111,981.50, is to be entered in the Trade Register on April 29, 2008.

Each Series K, L and M share option entitles its bearer to subscribe for one YIT Corporation share. The subscription price with the Series K and L options is EUR 20.53 per share and with the Series M options EUR 19.73 per share.

For additional information, contact:
Marja Salo, Director of Administration, tel. +358 20 433 2470, marja.salo@yit.fi
Jaakko Mäkynen, Vice President, Finance, tel. +358 20 433 2307, jaakko.makynen@yit.fi

YIT CORPORATION

Juha Kostiainen
Vice President, Corporate Communications and Business Development

Distribution: OMX Nordic Exchange in Helsinki, principal media, www.yitgroup.com