YIT - Company Announcement

Caverion Corporation supplements its prospectus

Helsinki, Finland, 2013-07-01 08:55 CEST (GLOBE NEWSWIRE) -- 
YIT CORPORATION   STOCK EXCHANGE RELEASE                    1 July 2013 at 9.55
a.m. 



CAVERION CORPORATION SUPPLEMENTS ITS PROSPECTUS



Caverion Corporation (”Caverion”) has supplemented Caverion Corporation's
registration document and the securities note and summary relating to YIT's
partial demerger published by YIT Corporation (“YIT”) on behalf of Caverion on
4 June 2013 (together the “Prospectus”) with the information in a stock
exchange release published by YIT on 28 June 2013, according to which the due
diligence process as well as sale and purchase agreement negotiations with
German HOCHTIEF Service Solutions commenced based on an initial, non-binding
offer made by YIT on May have ended without result. 



The Finnish Financial Supervisory Authority has approved the supplement on 1
July 2013. The responsibilities and liabilities related to the Prospectus
published by YIT on behalf of Caverion have, according to the demerger plan
related to the partial demerger of YIT, been transferred to Caverion in the
implementation of the demerger on 30 June 2013. 



The supplement is available as of 1 July 2013 on YIT's website at
www.yit.fi/sijoittajat and Caverion's website at www.caverion.fi/sijoittajat.
The unofficial English translation of the supplement will be available as of 1
July 2013 on YIT's website at www.yitgroup.com/investors and Caverion's website
at www.caverion.com/investors. 



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
5 February 2013 and the shares to be given as demerger consideration in
connection with the partial demerger, have been available as of 5 June 2013 on
YIT's website at www.yit.fi/sijoittajat. The unofficial English translation of
the Prospectus has been available as of 5 June 2013 on YIT's website at
www.yitgroup.com/investors. The Prospectus has already been supplemented by a
supplement document dated 26 June 2013, which has been available as a part of
the Prospectus as of 27 June 2013 in the above mentioned addresses. 





Helsinki, 1 July 2013

YIT Corporation



For further information, please contact:

Hanna-Maria Heikkinen, Vice President, Investor Relations, YIT Corporation,
tel. +358 40 826 2172, hanna-maria.heikkinen@yit.fi 

Distribution:

NASDAQ OMX Helsinki

Major media

www.yitgroup.com



YIT leads the way in construction field by creating more attractive and
sustainable urban environments in Finland, Russia, the Baltic countries, the
Czech Republic and Slovakia. YIT builds housing, business premises and
infrastructure, develops entire areas, and offers residential service concepts
for consumers. YIT has over 100 years of experience and a strong market
position: it is the largest residential construction company in Finland and the
most significant foreign residential construction company in Russia. YIT is
also one of the largest business premises and infrastructure construction
companies in Finland. YIT has more than 6,000 employees in seven countries. In
2012, the company's revenue was approximately EUR 2.0 billion. YIT's shares are
listed on NASDAQ OMX Helsinki. www.yitgroup.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.