2007-08-20 10:15:00 CEST

2007-08-20 10:15:00 CEST


REGULATED INFORMATION

Finnish English
YIT - Corporate Action

INCREASE IN YIT'S SHARE CAPITAL AS A CONSEQUENCE OF SHARE SUBSCRIPTIONS WITH SHARE OPTIONS


YIT CORPORATION	      AUGUST 20, 2007 at 11.15 
CORPORATE RELEASE 	      CORPORATE ACTION 


INCREASE IN YIT'S SHARE CAPITAL AS A CONSEQUENCE OF SHARE SUBSCRIPTIONS WITH    
SHARE OPTIONS                                                                   

From June 18 to August 10, 2007 a total of 2,416 YIT shares were subscribed for 
on the basis of the Series E share options, a total of 3,476 shares on the basis
of the Series F share options, a total of 600 shares on the basis of the Series 
K share options and a total of 1,260 shares on the basis of the Series L share  
options. The increase in the share capital as a consequence of these share      
subscriptions, totalling EUR 75,992, was entered in the Trade Register on August
20, 2007. The subscription price will be used in full to increase the share     
capital. Following the increase, YIT's share capital is EUR 147,069,883.32 and  
the number of shares outstanding is 126,906,258.  
                              
The new shares confer all shareholder rights as from the date of registration,  
August 20, 2007, and they will be accepted for public trading on Helsinki Stock 
Exchange together with the existing shares. The objective is that trading in the
shares will commence on August 21, 2007.                                        

In 2007 YIT Corporation shares can be subscribed for on the basis of Series E   
and F share options issued in 2004 and Series K and L share options issued in   
2006. Max. 126,122 shares can still be subscribed for with Series E share       
options, max. 184,292 shares with Series F share options, max. 240,200 shares   
with Series K share options and max. 592,100 shares with Series L share options.

The subscription price with the Series E options is EUR 6.80 per share, with the
Series F options EUR 6.15 per share and with Series K and L options EUR 20.53   
per share.                                                                      

The terms and conditions of the share option programmes as a whole are presented
on the company's internet site www.yitgroup.com.                                


YIT CORPORATION                                                                 



Veikko Myllyperkiö                                                              
Vice President, Corporate Communications						                                  
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                                                           

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