YIT - Decisions of general meeting

RESOLUTIONS PASSED AT YIT CORPORATION'S ANNUAL GENERAL MEETING

YIT CORPORATION       STOCK EXCHANGE RELEASE     March 10, 2010 at 16:00        


RESOLUTIONS PASSED AT YIT CORPORATION'S ANNUAL GENERAL MEETING                  

YIT Corporation's Annual General Meeting, which was held today on March 10,     
2010, adopted the 2009 financial statements and discharged the members of the   
Board of Directors and the President and CEO from liability. The Annual General 
Meeting decided on the payment of dividends, the composition of the Board of    
Directors and their fees, the election of the auditor and his fee, and the      
authorisation of the Board of Directors to share buyback and share issues.      

Dividend payout                                                                 

It was decided that a dividend of EUR 0.40 will be paid per share, or a total of
EUR 50.0 million, and that the rest of the profit be carried forward to         
distributable equity as proposed by the Board of Directors. No dividend will be 
paid for the treasury shares. The right to a dividend rests with a shareholder  
who, by the record date of March 15, 2010, has been entered as a shareholder in 
the company's shareholder register that is maintained by Euroclear Finland Ltd. 
It was decided that the dividend will be paid on April 7, 2010.                 

Further the Annual General Meeting decided to grant the Board the authority to  
donate the sum of no more than EUR 500,000 to support activities of colleges and
universities and, in the same context, that the Board of Directors be authorised
to decide the schedule of payments and any other terms and conditions governing 
the donations.                                                                  

Composition of the Board of Directors and their fees                            

The Annual General Meeting resolved to elect a Chairman, Vice Chairman and five 
ordinary members to the Board of Directors, namely: Henrik Ehrnrooth as         
Chairman, Reino Hanhinen as Vice Chairman and Kim Gran, Eino Halonen, Antti     
Herlin, Satu Huber and Lauri Ratia as members.                                  

Board of Director's meeting fees were kept unchanged, i.e. the following fees   
will be paid to the Board of Directors: Chairman EUR 6,000/month (EUR           
72,000/year), Vice Chairman EUR 4,500/month (EUR 54,000/year), member EUR       
3,500/month (EUR 42,000/year) plus a meeting fee of EUR 500 for each meeting,   
and that similarly EUR 500 be paid to the members of the committees for each    
committee meeting. Per diems for trips in Finland and abroad are paid in        
accordance with the State's travelling compensation regulations.                

Election of the auditor and his fee                                             

PricewaterhouseCoopers Oy, Authorized Public Accountants, was elected as the    
company's auditor, with Heikki Lassila, Authorized Public Accountant, as chief  
auditor. The auditor's fees will be paid against their invoices approved by the 
company.                                                                        

Share buyback                                                                   

The Annual General Meeting authorised the Board of Directors to decide on the   
purchase of company shares as proposed by the Board of Directors. The           
authorisation covers the purchasing of a maximum of 10,500,000 company shares   
using the company's unrestricted equity. The authorisation is valid for 18      
months after its granting.                                                      

The authorisation reverses the authorisation to purchase the company's own      
shares issued by the Annual General Meeting on March 11, 2009.                  

Share issues         

The Annual General Meeting authorised the Board of Directors to decide on share 
issues as proposed by the Board of Directors. The authorisation can be used in  
full or partially by issuing shares in the company in one or more share issues  
so that the total number of shares issued is 25,000,000. The Board of Directors 
has the right to decide on all of the terms and conditions of the share issues. 

The share issue authorisation also includes the Board of Director's             
authorisation to decide on the transfer of a maximum of 12,645,000 treasury     
shares irrespective of the purpose for which the treasury shares originally were
acquired.                                                                       

The authorisation is valid for five years after its granting.                   

The authorisation reverses the authorisation to dispose of the company's own    
shares issued by the Annual General Meeting on March 11, 2009.                  

Other information                                                               

On March 10, 2010 the total number of YIT shares is 127,223,422 and YIT holds   
2,145,000 of its own shares.                                                    

The minutes of the Annual General Meeting will be available on the Internet at  
the company website www.yitgroup.com by March 24, 2010.                         


For additional information, please contact:                                     
Antero Saarilahti, Senior Vice President, Administration, +358 20 433 2280,     
antero.saarilahti@yit.fi                                                        


YIT CORPORATION                                                                 


Virva Salmivaara                                                                
Senior Vice President, Corporate Communications                                 


Distribution: NASDAQ OMX, principal media, www.yitgroup.com