PRESS RELEASE APRIL 19, 2010 at 09:00

 YIT AND STATOIL MADE FRAME AGREEMENT ON MAINTENANCE OF OFFICE BUILDINGS IN       NORWAY                                                                          

YIT has entered into a frame agreement with Statoil for the delivery of services within operation and maintenance of Statoil's office buildings in Norway. The agreement includes more than 400,000 square metres of building area. The agreement is valid for 3 years with an option for one additional year. The agreement includes deliveries within ventilation, piping and electrical work, as well as outdoor spaces and building maintenance.

The operation and maintenance agreement with YIT shall contribute to reach Statoil's main vision for tomorrow's modern arenas for cooperation. Statoil's office buildings shall promote efficiency, well-being and good health. At the same time the buildings shall promote sustainable development through energy efficient and environmental solutions with a competitive cost level.

YIT has extensive experience with operation and maintenance of building's and its technical installations. YIT has service as a main strategy in Building and Industrial Services.

- The agreement is of considerable strategically importance for both YIT in Norway and internationally, says President of YIT AS in Norway, Trygve B. Thøgersen. - In 2009 Statoil awarded YIT in Norway a contract for handling and operation of ICT equipment to the value of approx. EUR 60 million. This new agreement is considerably larger, and therefore we perceive the new agreement as a confirmation of the quality of our previous work for Statoil, says Thøgersen.

For further information, please contact: President YIT AS, Trygve B. Thøgersen, mob. phone: +47 993 21973


Virva Salmivaara Senior Vice President, Corporate Communications

Distribution: principal media, www.yitgroup.com

YIT is a leading European service company in building systems, construction services and services for industry. We build, develop and maintain quality living environments in the Nordic countries, Russia, the Baltic countries and Central Europe. In 2009, YIT's revenue was EUR 3.5 billion. The Group has approximately 23,500 employees. YIT's share is listed on NASDAQ OMX Helsinki.

YIT is Norway's leading supplier of fully integrated building technology. The main emphasis of the deliveries is on indoor climate, electro, automation, energy-saving, piping, ICT, audiovisual solutions and security. We also provide comprehensive services within facility management and maintenance of buildings and technical installations. The company has revenue of over EUR 400 million, 3,200 employees, and more than 60 offices across Norway.