YIT - Company Announcement

Caverion Corporation's listing application submitted to NASDAQ OMX Helsinki

YIT CORPORATION          STOCK EXCHANGE RELEASE              JUNE  17, 2013 at
4:15 P.M. 


CAVERION CORPORATION'S LISTING APPLICATION SUBMITTED TO NASDAQ OMX HELSINKI


YIT Corporation (”YIT”) has today submitted an application to NASDAQ OMX
Helsinki Ltd (“Helsinki Stock Exchange”) on the listing of its shares in public
trading on the official list of the Helsinki Stock Exchange on behalf of
Caverion Corporation (“Caverion”), a company to be established in the partial
demerger of YIT. Trading in the shares on the official list of the Helsinki
Stock Exchange is estimated to begin on July 1, 2013. The number of shares is
expected to be 125,598,591. 

The Extraordinary General Meeting of YIT decided today, on June 17, 2013, that
YIT will demerge through a partial demerger so that all of the assets,
liabilities and responsibilities related to YIT's Building Systems business are
transferred to a company to be established in the demerger named Caverion
Corporation. YIT's Construction Services business will remain with YIT. YIT's
shareholders shall receive as demerger consideration one (1) share in Caverion
for each share owned in YIT. No demerger consideration shall be issued on any
treasury shares held by YIT. The shares will be entered in the book-entry
accounts of the shareholders on or about June 30, 2013. 

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
February 5, 2013 and the shares to be given as demerger consideration in
connection with the partial demerger, have been available as of June 5, 2013 on
YIT's website at www.yit.fi/sijoittajat.The unofficial English translation of
the Prospectus has been available as of June 5, 2013 on YIT's website at
www.yitgroup.com/investors. 

For further information, please contact:
Jonne Heino, Corporate General Counsel, tel. +358 20 43 32469,
jonne.heino@yit.fi 


YIT CORPORATION


Distribution:

NASDAQ OMX Helsinki,
Major media,
www.yitgroup.com,
www.caverion.com


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.