YIT - Company Announcement

YIT SELLS THE NETWORK SERVICES BUSINESS UNIT TO RELACOM

YIT CORPORATION 	    NOVEMBER 21, 2007   at 08:00 
CORPORATE RELEASE	                        COMPANY ANNOUNCEMENT

YIT SELLS THE NETWORK SERVICES BUSINESS UNIT TO RELACOM                         

YIT Corporation has signed an agreement to sell the Network Services business   
unit to Relacom Finland Oy. The transaction price amounts to EUR 25 million and 
it will be paid in cash. The transaction must be approved by the Competition    
Authority before it enters into force. It is expected that the deal will be     
consummated by the end of year 2007.                                            

The Network Services business unit provides telecom network construction and    
maintenance, electrical network maintenance and construction, and IT on-site    
services. In 2006, Network Services had revenue of EUR 83.7 million,            
representing 2.5 per cent of the YIT Group's revenue. The business unit         
currently has approximately 1,000 employees, or approximately 4 per cent of     
YIT's total personnel. The Network Services business unit mainly comprises the  
former YIT Primatel Ltd, which YIT acquired from Sonera in the spring of 2002.  

Following the acquisition, Relacom Finland Oy will become a stronger company in 
its field in Finland, serving operators and office market with construction,    
installation and maintenance services. Employees will transfer to Relacom under 
their current terms of employment.                                              

The sale of the business unit does not affect the YIT Group's outlook for 2007. 
The transaction has a non-recurring effect of about EUR 9 million on profit     
after taxes in Q4/2007.                                                         

YIT CORPORATION                                                                 


Juha Kostiainen                                                                 
Vice President, Corporate Communications and Business Development               


For additional information, contact:                                            
Pekka Frantti, President, YIT Industrial and Network Services Ltd, 
tel. +358 50 390 0932                         
Sakari Toikkanen, Executive Vice President, YIT Corporation, 
tel. +358 20 433 2336                    
Petra Thorén, Vice President, Investor Relations, YIT Corporation, 
tel. +358 20 433 2635, +358 40 764 5462         

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