YIT - Corporate Action

SUBSCRIPTION FOR YIT SHARES BY EXERCISING THE SERIES K, L AND M SHARE OPTIONS FROM APRIL 1 TO APRIL 18, 2008

YIT CORPORATION                          21 APRIL, 2008   at 12:00              
COMPANY ANNOUNCEMENT                                                            


SUBSCRIPTION FOR YIT SHARES BY EXERCISING THE SERIES K, L AND M SHARE OPTIONS   
FROM APRIL 1 TO APRIL 18, 2008     
From April 1 to April 18, 2008 a total of 1,000 YIT shares were subscribed for  
on the basis of the Series K share options, a total of 2,100 YIT shares on the  
basis of the Series L share options and a total of 2,450 YIT shares on the basis
of the Series M share options.      
The subscription price will be used in full to increase the share capital. The  
increase in the share capital as a consequence of these share subscriptions, EUR
111,981.50, is to be entered in the Trade Register on April 29, 2008.  
Each Series K, L and M share option entitles its bearer to subscribe for one YIT
Corporation share. The subscription price with the Series K and L options is EUR
20.53 per share and with the Series M options EUR 19.73 per share.              


For additional information, contact:                                            
Marja Salo, Director of Administration, tel. +358 20 433 2470, marja.salo@yit.fi
Jaakko Mäkynen, Vice President, Finance, tel. +358 20 433 2307,                 
jaakko.makynen@yit.fi                                                           

YIT CORPORATION                                                                 


Juha Kostiainen                                             
Vice President, Corporate Communications and Business Development               

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