YIT - Other information disclosed according to the rules of the Exchange

YIT Corporation to establish a new Partnership Properties segment to support its growth in urban development

YIT Corporation Stock Exchange Release June 19, 2017 at 7.55 a.m.
YIT Corporation’s Board of Directors has decided to establish a new segment,
Partnership Properties. The new segment will focus on financing the development
of significant projects as well as owning and timely divestment of developed
properties. According to its strategy, YIT targets to make the majority of big
and long-term investments with partners.

Partnership Properties segment will be reported as a separate segment as of the
beginning of 2018, which will improve the transparency of the value of YIT’s
project development portfolio. YIT estimates that the total value of such
investments may increase from the current total value of EUR 1 billion to over
EUR 2 billion by the end of 2020. Currently, the amount of YIT’s investments or
agreed commitments in joint ventures is approximately EUR 170 million, and the
target is to increase the amount to approximately EUR 300–400 million by the end
of 2020, considering the frames based on the financial targets, such as keeping
the group cash flow positive after dividend.

The completion of large development projects through financial partnership
models and own property management unit is justified from the capital
effectiveness and risk management point of view. Partnership Properties segment
supports YIT’s opportunities to implement large urban development projects
according to its strategy. The object of the new segment is to improve the
group’s growth capability, to improve completion and visibility on the reporting
of partnership projects and to enable the creation of a project portfolio of
stable cash flows.

Partnership Properties segment will operate in close cooperation with other
segments of YIT Corporation. The operations of the segment will focus on
creating financing structures and ownership as the responsibility for project
development and implementation regarding all projects remains with the existing
segments. The CFO of the group Esa Neuvonen will be responsible for preparations
for the new segment.

For further information, please contact:

Hanna Jaakkola, Vice President, Investor Relations, YIT Corporation, tel. +358
40 5666 070, hanna.jaakkola@yit.fi

Esa Neuvonen, Chief Financial Officer, YIT Corporation, tel. +358 40 500 1003,
esa.neuvonen@yit.fi

YIT CORPORATION

Hanna Jaakkola

Vice President, Investor Relations

Distribution: Nasdaq Helsinki, major media, www.yitgroup.com

YIT creates better living environment by developing and constructing housing,
business premises, infrastructure and entire areas. Our vision is to bring more
life in sustainable cities. We want to focus on caring for customer, visionary
urban development, passionate execution and inspiring leadership. Our growth
engine is urban development involving partners. Our operating area covers
Finland, Russia, the Baltic countries, the Czech Republic, Slovakia and Poland.
In 2016, our revenue amounted to nearly EUR 1.8 billion, and we employ about
5,300 employees. Our share is listed on Nasdaq Helsinki. www.yitgroup.com