YIT - Company Announcement

Presentation materials for YIT Corporation’s Extraordinary General Meeting published

Helsinki, Finland, 2013-06-17 08:00 CEST (GLOBE NEWSWIRE) -- YIT Corporation   
                STOCK EXCHANGE RELEASE                   June 17, 2013 at 9:00
a.m. 



PRESENTATION MATERIALS FOR YIT CORPORATION'S EXTRAORDINARY GENERAL MEETING
PUBLISHED 

YIT Corporation is holding an Extraordinary General Meeting today, June 17,
2013, at 10:00 a.m. The Board of Directors of YIT has proposed to the
Extraordinary General Meeting the approval of the demerger plan concerning
YIT's partial demerger and deciding on the partial demerger. Both Kari
Kauniskangas, the future President and CEO of YIT Corporation, and Juhani
Pitkäkoski, the future President and CEO of Caverion Oyj, will present a review
at the meeting. 

Henrik Ehrnrooth, Chairman of YIT's Board of Directors, will also present a
review on Caverion's strategy and the benefits of the demerger for Caverion's
business. 

“The demerger is a new start for Caverion's business. It enables a deeper and
broader service culture and development of business operations. Lean management
structures, a tighter grip on business and cost-efficient head office functions
will support the development of Caverion's profitability in the future,” says
Henrik Ehrnrooth. 

No essential new information will be published in the reviews.

The agenda of the Extraordinary General Meeting was published in its entirety
on May 3, 2013. The agenda of the Extraordinary General Meeting and the
presentation materials of Henrik Ehrnrooth, Chairman of YIT Corporation's Board
of Directors, Kari Kauniskangas, the future President and CEO of YIT
Corporation, and Juhani Pitkäkoski, the future President and CEO of Caverion
Oyj, are available on the company's website at www.yit.fi. 



The registration document according to the Finnish Securities Markets Act,
which includes information on Caverion and its business and financial position,
as well as the securities note and summary (together with the registration
document the “Prospectus”) related to the partial demerger disclosed by YIT on
5 February 2013 and the shares to be given as demerger consideration in
connection with the partial demerger, have been available as of 5 June 2013 on
YIT's website at www.yit.fi/sijoittajat. The unofficial English translation of
the Prospectus has been available as of 5 June 2013 on YIT's website at
www.yitgroup.com/investors. 



For further information, please contact:



Hanna-Maria Heikkinen, Vice President, Investor Relations, YIT Corporation,
+358 40 826 2172, hanna-maria.heikkinen@yit.fi 





YIT Corporation



Hanna-Maria Heikkinen

Vice President, Investor Relations





Distribution: NASDAQ OMX, principal media, www.yit.fi



YIT is a leading European service company in building systems, construction
services and services for industry. We have more than 25,000 professionals
serving customers in 14 countries in the Nordic and Baltic countries, Russia
and Central Europe. For over one hundred years we have grown together with our
customers and developed our services in line with the changes taking place in
different societies. We intend to continue on that track. Our vision is to lead
the way in creating and maintaining good living environments. In 2012, YIT's
revenue was approximately EUR 4.7 billion. YIT's shares are listed on NASDAQ
OMX Helsinki. www.yit.fi 



DISCLAIMER



This announcement is not an offer of securities for sale in any jurisdiction.
No securities are being registered under the US Securities Act of 1933 and may
not be offered or sold in the United States absent registration or an exemption
from registration.  No public offering of securities is being made in the
United States. 



This release includes forward-looking statements. These forward-looking
statements include, but are not limited to, all statements other than
statements of historical facts contained in this communication, including,
without limitation, those regarding the demerger plan and its execution. By
their nature, forward looking statements involve known and unknown risks,
uncertainties and other factors because they relate to events and depend on
circumstances that may or may not occur in the future. Such statements are
based on numerous assumptions and may differ materially from (and be
significantly more negative than) those made in, or suggested by, the
forward-looking statements contained in this release.