YIT - Changes in company's own shares

CONVEYANCE OF YIT CORPORATION’S OWN SHARES UNDER YIT’S SHARE OWNERSHIP PLAN

Helsinki, 2012-04-27 07:01 CEST (GLOBE NEWSWIRE) -- YIT CORPORATION            
 STOCK EXCHANGE RELEASE                   APRIL 27, 2012 AT 8:01 A.M. 


CONVEYANCE OF YIT CORPORATION'S OWN SHARES UNDER YIT'S SHARE OWNERSHIP PLAN

The Board of Directors of YIT Corporation has on April 26, 2012 decided on a
directed share issue for the reward payment from the 2011 earning period under
the Share Ownership Plan 2010-2016. 

In the share issue, 130,976 YIT Corporation shares will be issued and conveyed
without consideration to the key persons participating in the Share Ownership
Plan according to the terms and conditions of the plan. 

YIT Corporation's Board of Directors decided on March 10, 2010, to implement a
share-based incentive scheme to support the company's strategy of profitable
growth and supplement the existing incentive schemes. Rewards will be paid to
236 people belonging to the company's management and personnel for the 2011
earning period. The terms of the Share Ownership Plan were disclosed in more
detail in a stock exchange release published on March 10, 2010. 

The decision on the directed share issue is based on the authorization granted
to the Board of Directors by the Annual General Meeting of Shareholders held on
March 10, 2010. 

After the directed share issue, the company holds 1,825,569 own shares.



For additional information, please contact:

Pii Raulo, Senior Vice President, Human Resources, YIT Corporation, tel. +358
20 433 2254, pii.raulo@yit.fi 



YIT CORPORATION

Hanna-Maria Heikkinen
Vice President, Investor Relations



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

YIT celebrates its 100th anniversary in 2012. The company was established in
the Grand Duchy of Finland in 1912. Today, YIT is a leading European service
company in building systems, construction services and services for industry.
Our 26,000 professionals serve customers in 14 countries in the Nordic and
Baltic countries, Russia and Central Europe. 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 2011, YIT's
revenue was approximately EUR 4.4 billion. YIT's shares are listed on NASDAQ
OMX Helsinki. www.yitgroup.com