YIT - Company Announcement

YIT SELLS OFFICE EXTENSION TO RBS NORDISK RENTING FOR EUR 69 MILLION

YIT has decided to expand its head office in Käpylä, Helsinki, and agreed on
the sale of the extension to RBS Nordisk Renting for EUR 69 million.
Furthermore, Ilmarinen Mutual Pension Insurance Company will sell the office
premises used by YIT in Käpylä to RBS Nordisk Renting. 

YIT will develop and build the extension. Upon the completion of the project,
YIT will move into the premises under a 15-year lease. The extension will
measure about 15,000 m2. Construction will begin in March 2007 and the new
office building is slated for completion by the end of 2008. The extension will
have workspace for a total of about 600 people. 

At the same time, the existing commercial premises on the property will be
extended and modernized, and a four-storey parking lot will be built mainly
underground for the property. 


For additional information, contact:	

Sakari Toikkanen, Executive Vice President, YIT Corporation, +358 20 433 2336,
sakari.toikkanen@yit.fi, 
Seppo Martikainen, Vice President, Transactions, YIT Construction Ltd, +358 20
433 2905, seppo.martikainen@yit.fi 


YIT CORPORATION




Virva Salmivaara
Deputy to the Vice President, Communications 


Distribution: Helsinki Stock Exchange, principal media, www.yitgroup.com